Abstract
Is the knowledge creation process linear or characterized by feedback relations among actors involved in the regional innovation system? How can the innovation process of ‘lagging’ regions be strengthened? What is the role and extent of inter-regional knowledge spillovers? The paper aims at providing satisfactory answers in investigating a knowledge production function framework adapted to the specific questions and which is tested on an extended sample of European regions. On the basis of the results, concrete policy measures are derived aiming at upgrading the knowledge creation capacity of European regions.
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