The nature of spill-overs can vary, but they might for instance result from one firm making an investment in R&D that leads to a scientific discovery or development of a new product that other firms are able to imitate or copy
The nature of spill-overs can vary, but they might for instance result from one firm making an investment in R&D that leads to a scientific discovery or development of a new product that other firms are able to imitate or copy