Premium
Innovation and Regional Growth in M exico: 2000–2010
Author(s) -
RodríguezPose Andrés,
Villarreal Peralta Edna M.
Publication year - 2015
Publication title -
growth and change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.657
H-Index - 55
eISSN - 1468-2257
pISSN - 0017-4815
DOI - 10.1111/grow.12102
Subject(s) - investment (military) , social capital , order (exchange) , human capital , economic geography , capital (architecture) , economics , capital investment , business , economic growth , geography , political science , archaeology , finance , politics , law
This paper looks at the factors driving regional growth in M exico, paying special attention to the potentially growth‐enhancing role of innovation and innovation policy. The analysis combines innovation variables with indicators linked to the formation of adequate social conditions for innovation (the social filter ), and spillovers for 31 Mexican states and the M exico City capital district (the D istrito F ederal ) during the period 2000–2010. The results indicate that regional economic growth across M exican states stems from direct investment in research and development ( R & D ) in areas with favorable social filters and which can benefit not only from knowledge spillovers, but also from being surrounded by rich neighbors with good social conditions. The results stress that, although M exican innovation policy has been relatively well targeted in order to generate greater economic growth, its relatively modest size may have undermined the attainment of its main objectives.