The purpose of this volume is to analyze the microfoundations of
knowledge spillovers. The microeconomic analysis of spillovers
leads to the insight that the spillover and flow of knowledge is
not at all automatic. Instead, this volume suggests that a filter
exists between knowledge and its economic application. The focus of
this volume is on several key mechanisms that serve to reduce this
filter and facilitate the flow of knowledge. In particular, the
volume draws on an emerging literature identifying the role of
knowledge spillovers to investigate significance of labor mobility
and informal networks as mechanisms facilitating the flow of
knowledge.
No field in economics has dealt extensively with the
microeconomics of knowledge spillovers. This volume brings together
scholars from a broad spectrum of fields including labor economics,
regional economics, the economics of innovation and technological
change, and sociology to introduce new insights yielded from the
microfoundations of knowledge spillovers.
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