This collection contains Honours material from University of Adelaide students within the School of Economics. The material has been approved as making a significant contribution to knowledge.
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Browsing School of Economics by Author "De Leon, Maverick"
Abstract
This paper investigates the determinants of innovation among Australian regions, focusing on the
spatial dimension of innovation and innovative-related activities in creating spillover effects. Through
`exploratory' and `confirmatory' spatial data analysis we find evidence that innovation activity is
spatially dependent, and that there is evidence of spatial clustering of highly innovative regions.
Applying spatial econometric techniques, we estimate a Spatial (panel) Durbin Model to control for
spatial autocorrelation to analyse the driving forces of innovation throughout regions. We find that
the number of university campuses within a region along with university research has a significant
and positive effect on local levels of innovation. In terms of spillover effects, we find that population
density creates a negative indirect effect; where neighbouring region's population density adversely
impacts innovation levels.