Title: Social capital and regions absorptive capacity in Europe
Authors: Stefano Ghinoi - University of Helsinki (Finland) [presenting]
Abstract: Knowledge spillovers are fundamental for promoting regional development and for enhancing the innovation process. Scholars have demonstrated that these spillovers occur through a recombination of knowledge across industrial sectors, which in turn can have an impact on economic growth. However, regions absorptive capacity is moderated also by local social capital, which can affect firms innovativeness. The relationship between local social capital and regions absorptive capacity (measured by patents) is investigated, by focusing on European NUTS3 regions and the impact on employment and productivity. Building on previous work on regional social capital, we attempt to integrate social capital metrics within the framework of regions absorptive capacity at European level.