The effects of regional capacity in knowledge recombination on production efficiency
- Title
- The effects of regional capacity in knowledge recombination on production efficiency
- Author
- 이창준
- Keywords
- Knowledge recombination; Regional productivity; Productivity efficiency; CPC co-occurrence network; Revealed comparative advantage; Stochastic frontier analysis
- Issue Date
- 2022-04
- Publisher
- ELSEVIER SCIENCE INC
- Citation
- TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE, Page. 1-8
- Abstract
- Knowledge recombination, combining knowledge existing (exploitation) or new knowledge capacity (explora-
tion) for creating knowledge collaboration, is one of the important ways of achieving innovation. However, little
has known about how the knowledge recombination types affect differently to production efficiency at a regional
level. This study explores the relationship between the knowledge recombination types of exploitation and
exploration and regional technical efficiency by using the empirical data sets combining EPO PATSTAT, Eurostat,
and Cambridge Econometrics regional database. For this purpose, three stages of analysis have been deployed.
Firstly, CPC co-occurrence network analysis and relative comparative advantage (RCA) measures are used to
construct knowledge space and measure regional capacity. Then, using the stochastic frontier analysis, the
production efficiencies of the European NUTS 2 regions are measured. With all estimated measures, the effects of
both exploration and exploitation of knowledge recombination on regional production efficiencies are estimated.
The results show the positive effect of exploration on regional production efficiency, which highlights the
importance of extending the range and variety of knowledge bases.
- URI
- https://www.sciencedirect.com/science/article/pii/S0040162522002013https://repository.hanyang.ac.kr/handle/20.500.11754/170772
- ISSN
- 0040-1625
- DOI
- 10.1016/j.techfore.2022.121669
- Appears in Collections:
- COLLEGE OF COMMUNICATION[E](언론정보대학) > ETC
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