The aim of this study is to analyze the importance of various technological inputs in explaining the differences in competitiveness among Spanish regions. It quantifies the effect of R&D capital and ICT capital on economic activity, in addition to the externalities associated with R&D and ICTs. According to the results, R&D capital and ICT capital have a positive effect on production, with the latter having a bigger significant impact. Results also show the importance of spillover effects associated with both technological inputs.
|Keywords:||R&D, ICT, Spillovers, Growth|
Lecturer, University of Valencia, Valencia, Spain
Lecturer, University of Valencia and IVIE, Valencia, Spain
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