Regional knowledge spaces: the interplay of entry‑relatedness and entry‑potential for technological change and growth
- Title
- Regional knowledge spaces: the interplay of entry‑relatedness and entry‑potential for technological change and growth
- Author
- 이창준
- Keywords
- Regional knowledge space; Entry-relatedness; Knowledge gravity model; Entry-potential; Co-occurrence network; Patent analysis; Technological change; EU
- Issue Date
- 2022-03
- Publisher
- SPRINGER
- Citation
- JOURNAL OF TECHNOLOGY TRANSFER; MAR 17 2022, 24p.
- Abstract
- This paper aims to uncover the mechanism of how the network properties of regional
knowledge spaces contribute to technological change from the perspective of regional
knowledge entry-relatedness and regional knowledge entry-potential. Entry-relatedness,
which has been previously employed to investigate the technology evolution of regional
economies, is advanced by introducing a knowledge gravity model. The entry-potential of
a newly acquired regional specialisation has been largely ignored in the relevant literature;
surprisingly given the high relevance that is attributed to the recombination potential of
new capabilities. In other words, just adding new knowledge domains to a system is not
sufcient alone, it really depends on how these ft into the existing system and thus can
generate wider economic benefts. Based on an empirical analysis of EU-15 Metro and
non-Metro regions from 1981 to 2015, we fnd that entry-relatedness has a signifcant negative association with novel inventive activities, while entry-potential has a signifcant positive association with the development of novel products and processes of economic value.
This highlights that regions’ capacity to venture into high-potential areas of technological
specialization in the knowledge space outperforms purely relatedness driven diversifcation
that is frequently promoted in the relevant literature.
- URI
- https://link.springer.com/article/10.1007/s10961-022-09924-2https://repository.hanyang.ac.kr/handle/20.500.11754/170795
- ISSN
- 08929912; 15737047
- DOI
- 10.1007/s10961-022-09924-2
- Appears in Collections:
- COLLEGE OF COMMUNICATION[E](언론정보대학) > ETC
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