Abstract

RIOS-FLORES, Jesús Armando  and  OCEGUEDA-HERNANDEZ, Juan Manuel. Innovative capacity and regional growth in Mexico: a spatial approach. Econ. soc. territ [online]. 2017, vol.17, n.55, pp.743-775. ISSN 2448-6183.  https://doi.org/10.22136/est2017705.

This study presents an analysis of the effect of innovative capacity on economic growth under a time-space framework. Recognizing the limitations of the representativeness of intellectual property in the institutionally weak regions, an aggregate indicator for innovative capacity is generated using a factorial model and thus compare the different effects of both indicators. The results show indicates that the ability to innovate, in the case of patents, is only significant in the presence of spatial effects, while the aggregate indicator is significant in all cases, being greater when the spatial effect is relevant.

Keywords : innovative capacity; economic growth; factorial model; spatial econometrics.

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