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Knowledge coherence, variety and economic growth: Manufacturing evidence from Italian regions
Authors:Francesco Quatraro
Institution:aUniversity of Nice Sophia Antipolis, CNRS-GREDEG, 250, rue Albert Einstein, 06560 Valbonne, France;bDepartment of Economics “S. Cognetti de Martiis”, University of Turin, Italy;cBureau of Research on Innovation, Complexity and Knowledge (BRICK), Collegio Carlo Alberto, Moncalieri (Torino), Italy
Abstract:This paper elaborates a view on knowledge as a result of a combinatorial search activity, so as to investigate its effects on economic growth at the regional level. Empirical estimations corroborate the hypothesis that knowledge coherence and variety, besides the traditional measure of knowledge stock, matter in shaping regional economic performances. The check for spatial dependence suggests that cross-regional externalities exert additional triggering effects on growth, without debasing the effects of knowledge properties. Important policy implications stem from the analysis, in that regional innovation strategies should be carefully coordinated so as to reach a higher degree of internal coherence and trigger economic performances.
Keywords:JEL classification: O33  R11
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