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What is Spillovers

Handbook of Research on Global Competitive Advantage through Innovation and Entrepreneurship
Is an exchange of ideas among individuals. In knowledge management economics, knowledge spillovers are non-rival knowledge market costs incurred by a party not agreeing to assume the costs that has a spillover effect of stimulating technological improvements in a neighbour through one's own innovation.
Published in Chapter:
Knowledge Transfer between Universities and Knowledge Intensive Business Services: An Empirical Study
João J. Ferreira (University of Beira Interior (UBI), Portugal & NECE - Research Unit in Business Sciences, Portugal), Cristina Fernandes (Polytechnic Institute of Castelo Branco, Portugal), and Mário L. Raposo (University of Beira Interior (UBI), Portugal & NECE - Research Unit in Business Sciences, Portugal)
DOI: 10.4018/978-1-4666-8348-8.ch019
Abstract
In this chapter, the authors study the importance of regional entrepreneurship as well as the characteristics of location, and show that the basis for creation of new firms is knowledge, thus giving emphasis to broadcasters (spillovers) of knowledge coming from universities and other R&D institutions. Thus, the knowledge generated arises from the collaboration between companies and public research institutions (Audretsch & Lehmann, 2005). Here, the authors specifically address the KIBS to the extent that they are creators, users, and transmitters of intensive knowledge. This shows the importance of the study of cooperation between universities and firms, especially KIBS. In this sense, the empirical results demonstrate that cooperation between KIBS and universities occurs independent of their location (rural or urban) and typology (professional or technological). The authors furthermore find that rural KIBS have increased their levels of graduate employment faster than their urban KIBS peers.
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The Main Challenges of Higher Education Institutions in the 21st Century: A Focus on Entrepreneurship
The impact that seemingly unrelated events in one part of the world can have on economies elsewhere.
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