Cognitive capital and islands of innovation : the Lucas growth model from a regional perspective

Auteur(s) et Affiliation(s)

CARAGLIU, A.

Building Environment Science and Technology, Politecnico di Milano, Milan, Italie

NIJKAMP, P.

Dept. of Spatial Economics, Faculty of Economics and Business Administration, VU Univ., Amsterdam, Pays-Bas

Description :
This article examines cognitive capital and islands of innovation from a European regional perspective. A growth model explaining the effect of human capital on regional wealth is presented. Empirical tests show that a higher endowment of cognitive capital generates increasing returns to knowledge, favouring the emergence of islands of innovation; also, regions with a high endowment of cognitive capital attract knowledge spillovers from neighbours.

Type de document :
Article de périodique

Source :
Regional studies, issn : 0034-3404, 2014, vol. 48, n°. 4, p. 624-645, nombre de pages : 22, Références bibliographiques : 2 p.

Date :
2014

Editeur :
Pays édition : Royaume-Uni, Cambridge, Cambridge University Press

Langue :
Anglais