Regional knowledge spillovers drive innovation in France, Germany, Italy, and Spain.
The article explores how research and development (R&D) and regional knowledge are connected in France, Germany, Italy, and Spain. The researchers found that the amount of knowledge in a region is linked to R&D jobs and external knowledge. However, sharing knowledge between regions is more important for creating new ideas. This suggests that policies to encourage innovation should focus on spreading knowledge and improving the ability of regions to absorb new ideas.