Spatial spillovers drive innovation across European regions, shaping economic growth.
The article examines how innovation spreads across European regions and influences knowledge creation. Researchers analyzed patent data from 1978 to 1997 to study the distribution of innovative activity. They found that factors like R&D spending, economic performance, and clustering of businesses play a significant role in driving innovation. Additionally, innovative activity in one region can positively impact innovation in neighboring regions, showing the importance of knowledge sharing between areas.