(1) Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign, 1600 W. Bradley Ave, Apt J199, Champaign, IL 61821, USA
Abstract:
This paper examines the spatial spillover effects and the productivity rate of patents in southern European Union. It provides a systematic analysis of the relationship between productivity of patents and the factors that generate economically useful new technological knowledge. An applied spatial econometric framework is employed since this approach is particularly useful in the study of the spatial patterns of patents productivity, at the lowest possible levels of spatial aggregation.