Skip to main content
padlock icon - secure page this page is secure

Pecuniary knowledge externalities and innovation: intersectoral linkages and their effects beyond technological spillovers

Buy Article:

$53.00 + tax (Refund Policy)

The aim of this paper is to discuss and to provide evidence for the existence of pecuniary knowledge externalities, considered here as the main cause of positive disequilibrium experience by downstream producers. The last effect, confirmed by the empirical analysis performed here, enriches the postulates of the model of growth through creative destruction due to P. Aghion and P. Howitt (1992, A model of growth through creative destruction, Econometrica 60, no. 2: 322–52), where only upstream producers generate innovations and downstream producers remain very much passive in front of the new technological knowledge generated externally.
No Reference information available - sign in for access.
No Citation information available - sign in for access.
No Supplementary Data.
No Article Media
No Metrics

Keywords: creative destruction; endogenous growth; input–output; pecuniary knowledge externalities

Document Type: Research Article

Affiliations: Department of Economics,University of Göttingen, Göttingen, Germany

Publication date: July 1, 2011

More about this publication?
  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more