Missing links of knowledge spillover effects on firm intensity and regional development
Bibliographic Data
| ID | 14869468 |
|---|---|
| Authors | Gustavo Barboza (0000-0001-5327-3430, Loyola University New Orleans, corresponding author) |
| Year | 2024 |
| Volume | 63 |
| Issue | 4 |
| Pages | 1721-1745 |
| Publication date | 2024-12-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Small Business Economics (JOURNAL) |
| Journal identifiers | ISSN: 0921-898X • E-ISSN: 1573-0913 |
| Publisher | Springer Science and Business Media LLC (PUBLISHER) |
| DOI | 10.1007/s11187-024-00904-4 |
| OpenAlex | W4392510454 |
| Language | EN |
| References cited | 56 |
This paper investigates the presence and extent of missing links that prevent the transmission and condition the flow of knowledge spillover effects (KSE) across space and time. Findings using a comprehensive database composed of 9242 innovative startups from Italy covering the period 2008–2018 and all 20 geographic regions as well as all economic sectors at the 2-digit level of aggregation indicate that missing links related to observed differences in industry structures and availability of pools of skilled human capital amount for large and persistent differences in terms of firm intensity differential across neighboring regions. More specifically, we observe that regions with initial existent high firm intensity are more likely to continue enhancing their labor pools by both endogenously increasing high-skilled human capital and by attracting high-skilled human capital from neighboring regions. Intra- and inter-industry spillovers are marked by high levels of heterogeneity. Consequently, we find that missing links related to KSE create directional effects, and these effects are neither symmetric nor reciprocal in adjacent geographical regions. Invisible barriers to KSE transmission, imposed by the presence of missing links, prevent the work of the invisible hand
Biology · Business · Capital intensity · Differential (mechanical device · Differential effects · Economic geography · Economic growth · Economics · Entrepreneurship · Human capital · Industrial organization · Knowledge spillover · Microeconomics · Spillover effect · Economic Growth and Productivity · Firm Innovation and Growth · Regional Economics and Spatial Analysis
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Chapter 48 Micro-foundations of urban agglomeration economies
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Knowledge Spillovers, Innovation and Growth
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Proximity and Innovation
| Citation velocity | historical |
|---|---|
| Highly cited | No |