Abstract: This paper examines the influence of regional knowledge spillovers on the value-added rate of creative enterprises from the microcosmic perspective and explores the impact of the scale of enterprises, the level of marketization and the ownership of enterprises on the relationship between knowledge spillovers and enterprise value-added rates. The results show that the impact of regional knowledge spillovers on the value added rate of enterprises is significantly positive, and its impact on the rate of added value reaches the biggest when knowledge spillover lagging behind by two phases. Further study finds out that the knowledge spillover of the enterprises with larger scale would have more significant impact on the value-added rate of the enterprises. In the regions with higher degree of marketization, the influence of regional knowledge spillovers on the value-added rate of enterprises is higher than that in the regions with lower degree of marketization due to the favorable market conditions. The impact of knowledge spillovers on the enterprise value-added rate of the state-owned enterprises is weaker than that on the non state-owned enterprises.

Key words: creative industry; knowledge spillovers; corporate value-added rate; listed companies