Handbook of Regional Growth and Development Theories
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Handbook of Regional Growth and Development Theories

Revised and Extended Second Edition

Edited by Roberta Capello and Peter Nijkamp

Regional economics – an established discipline for several decades – has undergone a period of rapid change in the last ten years resulting in the emergence of several new perspectives. At the same time the methodology of regional economics has also experienced some surprising developments. This fully revised and updated Handbook brings together contributions looking at new pathways in regional economics, written by many well-known international scholars. The aim is to present the most cutting-edge theories explaining regional growth and local development. The authors highlight the recent advances in theories, the normative potentialities of these theories and the cross-fertilization of ideas between regional and mainstream economists. It will be an essential source of reference and information for both scholars and students in the field.
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Chapter 14: R & D spillovers and regional development/growth

Daria Denti

Abstract

This chapter reviews relevant contributions targeting the identification and the measurement of knowledge spillovers in the past decades. The broad scope of the different approaches has produced important results for the knowledge spillovers identification issue. Thanks to growing theoretical efforts, several key issues have emerged. First, knowledge spillovers entail a spatial dimension that holds notwithstanding globalization and information and communication technology. Second, the spatiality of knowledge spillovers implies patterns of local interactions with situational elements that can contribute to explain observed heterogeneity in innovation paths. However, it is noted that the fast-changing nature of innovation is constantly stimulating the existing literature, posing challenges to established results in the light of rising technological changes, such as blockchain and reverse innovation. Moreover, intensifying trends in socio-economic outlooks, as growing cultural diversity and the consequences on knowledge bases, social networks and market opportunities, are opening new questions on knowledge spillovers dynamics.

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