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An Empirical Study about the Impact of Knowledge Accumulation on the Development of Regional Industry

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  • Nobuo Kobayashi

    (School of Economics, Kwansei Gakuin University)

Abstract

This study mainly investigated two issues: firstly, the existence of a positive relationship between the accumulation of knowledge stocks in regional industries and their value addition, and secondly, the spillover effects of knowledge stocks from the central cities to the surrounding regions, by using patent data as knowledge stock indicators. The empirical result suggests that there are positive impacts of knowledge accumulation to value addition, and there are positive spillover effects to the surrounding regions. The spillover effects are especially clearer when the creators of knowledge stocks are diversified in central cities, and when the industrial structure of surrounding regions is similar to the central cities.

Suggested Citation

  • Nobuo Kobayashi, 2008. "An Empirical Study about the Impact of Knowledge Accumulation on the Development of Regional Industry," Discussion Paper Series 39, School of Economics, Kwansei Gakuin University, revised May 2008.
    • Handle: RePEc:kgu:wpaper:39
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    References listed on IDEAS

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    1. Manfred M. Fischer, 2006. "Innovation, Networks, and Knowledge Spillovers," Springer Books, Springer, number 978-3-540-35981-4, January.
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    4. Adam B. Jaffe & Manuel Trajtenberg & Rebecca Henderson, 1993. "Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(3), pages 577-598.
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    Cited by:

    1. Roberta Piergiovanni & Martin Carree & Enrico Santarelli, 2012. "Creative industries, new business formation, and regional economic growth," Small Business Economics, Springer, vol. 39(3), pages 539-560, October.

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    More about this item

    Keywords

    knowledge accumulation; patent; spillover effect; regional industry;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods

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