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What are spillovers?

What are spillovers? Here are some definitions.

Noun
  1. plural of spillover
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Whether this indirect effect causes an overshifting or undershifting of price depends upon the level of spillovers.
The informal tables and chairs are decorous spillovers from the rather more rigidly organized cafeteria which looks over the space through a glass wall.
Second, there are positive spillovers in the form of increased social capital for communities when residents are homeowners.
Additional linkages may arise due to information spillovers, whereby industrial clustering may lead to the improved flow of information between local firms.
Given the likely significance of knowledge spillovers across industries it is important to use an economy wide measure of the patent rate.
This acceleration provides evidence consistent with the spillovers from information technologies into non-IT industries.

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