SEMINAR 29 October 2012: Kostas Karantininis, Institute of Food and Resource Economics, University of Copenhagen

European Regional Knowledge Spillovers and Technological Convergence

Abstract

This paper uses a Maximum Entropy Markov methodology to study the cross regions knowledge spillovers and the technological convergence across the European Union regions. The analysis draws on regional patents distribution in the period 1995-2006. Regions absorb knowledge created in their public domain that is knowledge created in regions with similar technological production. High technological regions exchange knowledge themselves, the middle class regions have a deeper public domain and the low technological regions have a narrower public domain. Technological convergence is not observed either in the total sample or between the five quintiles.

Keywords: Knowledge Spillovers, Regional Convergence, Patents, Markov

JEL Classification: O33, O38, R11