Purpose This study aims to examine whether and how knowledge spillovers, measured through technology market activity, contribute to the achievement of common prosperity across Chinese provinces. By doing so, it bridges the gap between macro-level economic development and knowledge management research. Design/methodology/approach Using panel data from 31 provinces in China between 2011 and 2023, the authors use fixed effects models, mediation models and spatial Durbin models to explore the direct, indirect and spatial spillover effects of knowledge diffusion on regional prosperity. Findings The results show that knowledge spillovers significantly promote shared prosperity, including through improved productivity, upgraded labor quality and green development. Spatial regression confirms strong spillover effects to neighboring regions. Practical implications The findings offer actionable insights for governments and policymakers in both developed and developing countries. Establishing knowledge infrastructure, enhancing absorptive capacity in less-developed regions and fostering inter-regional knowledge networks are key strategies for using knowledge as a lever for inclusive development. Originality/value This paper extends the knowledge management literature by connecting it with macroeconomic development goals. It provides empirical evidence that knowledge spillovers, often studied at the firm or network level, also drive inclusive, large-scale socioeconomic transformation.
Zhang et al. (Tue,) studied this question.