Regional knowledge spaces: the interplay of entry-relatedness and entry-potential for technological change and growth.
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| Authors: | Kogler, Dieter F.1 (AUTHOR), Davies, Ronald B.2 (AUTHOR), Lee, Changjun3 (AUTHOR), Kim, Keungoui4,5 (AUTHOR) awekim@handong.edu |
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| Source: | Journal of Technology Transfer. Apr2023, Vol. 48 Issue 2, p645-668. 24p. |
| Subject Terms: | *Technological innovations, *Gravity model (Social sciences), *Value (Economics) |
| Abstract: | This paper aims to uncover the mechanism of how the network properties of regional knowledge spaces contribute to technological change from the perspective of regional knowledge entry-relatedness and regional knowledge entry-potential. Entry-relatedness, which has been previously employed to investigate the technology evolution of regional economies, is advanced by introducing a knowledge gravity model. The entry-potential of a newly acquired regional specialisation has been largely ignored in the relevant literature; surprisingly given the high relevance that is attributed to the recombination potential of new capabilities. In other words, just adding new knowledge domains to a system is not sufficient alone, it really depends on how these fit into the existing system and thus can generate wider economic benefits. Based on an empirical analysis of EU-15 Metro and non-Metro regions from 1981 to 2015, we find that entry-relatedness has a significant negative association with novel inventive activities, while entry-potential has a significant positive association with the development of novel products and processes of economic value. This highlights that regions' capacity to venture into high-potential areas of technological specialization in the knowledge space outperforms purely relatedness driven diversification that is frequently promoted in the relevant literature. [ABSTRACT FROM AUTHOR] |
| Database: | Entrepreneurial Studies Source |
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| Header | DbId: ent DbLabel: Entrepreneurial Studies Source An: 163150945 AccessLevel: 6 PubType: Academic Journal PubTypeId: academicJournal PreciseRelevancyScore: 0 |
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| Items | – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Kogler%2C+Dieter+F%2E%22">Kogler, Dieter F.</searchLink><relatesTo>1</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Davies%2C+Ronald+B%2E%22">Davies, Ronald B.</searchLink><relatesTo>2</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Lee%2C+Changjun%22">Lee, Changjun</searchLink><relatesTo>3</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Kim%2C+Keungoui%22">Kim, Keungoui</searchLink><relatesTo>4,5</relatesTo> (AUTHOR)<i> awekim@handong.edu</i> – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="JN" term="%22Journal+of+Technology+Transfer%22">Journal of Technology Transfer</searchLink>. Apr2023, Vol. 48 Issue 2, p645-668. 24p. – Name: Subject Label: Subject Terms Group: Su Data: *<searchLink fieldCode="DE" term="%22Technological+innovations%22">Technological innovations</searchLink><br />*<searchLink fieldCode="DE" term="%22Gravity+model+%28Social+sciences%29%22">Gravity model (Social sciences)</searchLink><br />*<searchLink fieldCode="DE" term="%22Value+%28Economics%29%22">Value (Economics)</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: This paper aims to uncover the mechanism of how the network properties of regional knowledge spaces contribute to technological change from the perspective of regional knowledge entry-relatedness and regional knowledge entry-potential. Entry-relatedness, which has been previously employed to investigate the technology evolution of regional economies, is advanced by introducing a knowledge gravity model. The entry-potential of a newly acquired regional specialisation has been largely ignored in the relevant literature; surprisingly given the high relevance that is attributed to the recombination potential of new capabilities. In other words, just adding new knowledge domains to a system is not sufficient alone, it really depends on how these fit into the existing system and thus can generate wider economic benefits. Based on an empirical analysis of EU-15 Metro and non-Metro regions from 1981 to 2015, we find that entry-relatedness has a significant negative association with novel inventive activities, while entry-potential has a significant positive association with the development of novel products and processes of economic value. This highlights that regions' capacity to venture into high-potential areas of technological specialization in the knowledge space outperforms purely relatedness driven diversification that is frequently promoted in the relevant literature. [ABSTRACT FROM AUTHOR] |
| PLink | https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=ent&AN=163150945 |
| RecordInfo | BibRecord: BibEntity: Identifiers: – Type: doi Value: 10.1007/s10961-022-09924-2 Languages: – Code: eng Text: English PhysicalDescription: Pagination: PageCount: 24 StartPage: 645 Subjects: – SubjectFull: Technological innovations Type: general – SubjectFull: Gravity model (Social sciences) Type: general – SubjectFull: Value (Economics) Type: general Titles: – TitleFull: Regional knowledge spaces: the interplay of entry-relatedness and entry-potential for technological change and growth. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Kogler, Dieter F. – PersonEntity: Name: NameFull: Davies, Ronald B. – PersonEntity: Name: NameFull: Lee, Changjun – PersonEntity: Name: NameFull: Kim, Keungoui IsPartOfRelationships: – BibEntity: Dates: – D: 01 M: 04 Text: Apr2023 Type: published Y: 2023 Identifiers: – Type: issn-print Value: 08929912 Numbering: – Type: volume Value: 48 – Type: issue Value: 2 Titles: – TitleFull: Journal of Technology Transfer Type: main |
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