Knowledge Spillovers, Innovation and Growth

By Philippe Aghion, Xavier Jaravel. 2015

335 citations recorded by the source corpus.

Cohen and Levinthal (1989) introduced the notion of absorptive capacity and demonstrated that knowledge spillovers can induce complementarities in R&D efforts. We show that this idea has rich implications when analysing important aspects of the growth process such as cross‐country convergence and divergence, the international co‐ordination of climate change policies, and the role of openness in the production of ideas. We also show that the notion of absorptive capacity sets an agenda for new empirical and theoretical analyses of the role of R&D spillovers in innovation and growth. Cohen, W.M. and Levinthal, D.A. (1989). ‘Innovation and learning: the two faces of R & D’, Economic Journal, vol. 99(397), pp. 569–96.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/66a4a7ad869b664a7f6b3469c1b92ce1fcc4fdcf

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In Economics and Econometrics

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Citations in the corpus

• Innovation, growth and the transition to net-zero emissions (2021, neutral): “In the context of trade, over and above making clean technologies available and affordable in the South, carbon tariffs (or the threat of introducing them) may be required to prevent the South specialising in dirty goods (Aghion and Jaravel, 2015).”
• The impact of knowledge spillovers and innovation on firm-performance: findings from the Balkans countries (2017, positive): “R&D capacity of a firm influences its capacity to gain knowledge spillovers and absorptive capacity (Aghion and Jaravel 2015).”