Technological spillover boosts innovation capacity in enterprise clusters.
The article explores how sharing technology between companies in a cluster affects their innovation. By creating a game model, it shows how firms' innovation investments change as they learn from each other. The study reveals that as technology spillovers improve, both leading and following firms invest more in innovation. This leads to a boost in the overall technology innovation capacity of the cluster. The findings suggest that enhancing technology sharing can help drive innovation within business clusters.