The Impact of the Geographical Distance on the External Sources of Knowledge Spillover?
نویسنده
چکیده
This paper focuses on private sources of knowledge specifically customers and competitors as sources of innovative activity. Our main argument is that the two sources are correlated even after controlling for several factors at the level of technology, individual and organization. What is more, we show that the geographical distance of these sources modifies the intensity of this correlation, in a way that locally the two sources are more correlated. The underlying theoretical mechanism that explains the different roles is the randomness of local interactions as opposed to planned-ness of distant interactions.
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