Network effect of knowledge spillover: Scale-free networks stimulate R&D activities and accelerate economic growth

Tomohiko Konno

Research output: Contribution to journalArticle

7 Citations (Scopus)

Abstract

We study how knowledge spillover networks affect research and development (R&D) activities and economic growth. For this purpose, we extend a Schumpeterian growth model to the one on networks that depict the knowledge spillover relationships of R&D. We show that scale-free networks stimulate R&D activities and accelerate economic growth.

Original languageEnglish
Pages (from-to)157-167
Number of pages11
JournalPhysica A: Statistical Mechanics and its Applications
Volume458
DOIs
Publication statusPublished - 2016 Sep 15

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Economic Growth
Scale-free Networks
Accelerate
economics
Growth Model
Research and Development
research and development
Knowledge
Relationships

Keywords

  • Complex networks
  • Economic growth
  • Knowledge spillover process
  • Network heterogeneity
  • Research and development (R&D)
  • Scale-free networks

ASJC Scopus subject areas

  • Condensed Matter Physics
  • Statistics and Probability

Cite this

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