Knowledge creation—the generation of new ideas and patents—is an important driver of economic growth. Understanding how knowledge moves across industry sectors and regions can inform research and development (R&D) efforts, promote university-industry partnerships for innovation, and impact private businesses’ location decisions. A new study from the University of Illinois in collaboration with Stockholm University and Korea Labor Institute provides a thorough look at the flow of knowledge in five industrial sectors across the United States.
Click here for original story, Innovation flows across regions and sectors in complex ways, study shows
Source: Phys.org