Industrial and Corporate Change, Volume 10, Number 4, pp. 975-1005
© 2001 Oxford University Press
Knowledge Spillovers and Local Innovation Systems: A Critical Survey
LIUC, Castellanza and CESPRI, Università L. Bocconi, Milan. sbreschi{at}verdi.liuc.it
Università degli Studi di Brescia and CESPRI, Università L. Bocconi, Milan. lissoni{at}bsing.ing.unibs.it
Abstract
This paper re-examines critically the growing literature on localized knowledge spillovers (LKSs), and finds the econometric evidence on the subject still lacking a firm theoretical background, especially in relation to the more recent developments in the economics of knowledge. LKSs as externalities are too narrow a concept to embrace the wide variety of knowledge transmission mechanisms that may, or may not, spread ideas and expertise while keeping the diffusion process bounded in space.
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