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• W1566784557 abstract "Abstract This paper examines the impact of knowledge assets—technological and human capital—on the regional productivity levels within a C obb– D ouglas production function model, which includes the traditional tangible inputs, as well as other territorial and industrial features of the regions. Spatial panel econometric techniques are applied to account for geographical association and to examine the role of knowledge spillovers from the neighbouring regions. We apply our empirical model to a large set of regions belonging to the EU 27 plus N orway and S witzerland over the period 2000–2008. Our main results, robust to a wide array of sensitivity checks, show that both knowledge assets exert a positive impact on gross domestic product, with human capital being more effective than technological capital in most cases. Moreover, we find evidence of spatial spillovers directly associated with the two knowledge assets, which turn out to have a larger effect in the regions of the 12 new accession countries. These results underline the central role played by highly educated labour forces in allowing a region to absorb the potential knowledge spilling from the external territories, especially in developing countries, and to ensure its effective use in the production process." @default.
• W1566784557 created "2016-06-24" @default.
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• W1566784557 date "2013-05-16" @default.
• W1566784557 modified "2023-10-01" @default.
• W1566784557 title "Knowledge Assets and Regional Performance" @default.
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• W1566784557 doi "https://doi.org/10.1111/grow.12010" @default.
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