Yes, certainly.
It's been well known that proximity and interaction in physical spaces facilitates innovation. Innovation does not happen when people are isolated from each other. The same principle applies in intellectual spaces or intangible spaces. If we focus too narrowly on simply acquiring intellectual property outputs and not monitoring what happens with those kinds of outputs, we're losing the opportunity to create knowledge networks.
This is the term that the OECD now uses. They don't talk about intellectual property or intellectual property outputs in the abstract. They talk about creating knowledge networks, because knowledge networks facilitate innovation.