This article analyses the importance of different technological inputs (R&D and human capital) and different spillovers in explaining the differences in patenting among Spanish regions in the period 1986 to 2003. The analysis is based on the estimation of a knowledge production function. A region's own R&D activities and human capital are observed to have a positive significant effect on innovation output, measured by the number of patents. R&D spillovers weighted by the distance and the volume of trade flows between regions cause positive effects on a region's patents. However, distance matters more than the intensity of trade flows and the R&D spillover effects between regions are bounded: spillovers from closer regions perform better than spillovers from distant regions. On the opposite side, human capital spillovers do not cause any effect outside the region itself.
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Document Type: Research Article
Departamento de Analisis Economico; Edificio departamental oriental, Universitat de Valencia, Valencia, Spain
Departamento de Analisis Economico; Edificio departamental oriental, Universitat de Valencia, Valencia, Spain,Instituto Valenciano de Investigaciones Economicas (Ivie), Valencia, Spain
Publication date: 2009-05-01
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