International R&D spillovers between U.S. and Japanese R&D intensive sectors
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TLDR
The authors empirically investigated bilateral spillovers between the U.S. and Japan and found that the spillover reduces Japanese average variable cost and causes production to become more physical and R&D capital intensive.About:
This article is published in Journal of International Economics.The article was published on 1998-04-01 and is currently open access. It has received 158 citations till now. The article focuses on the topics: Physical capital & Spillover effect.read more
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Mapping the Two Faces of R&D: Productivity Growth in a Panel of OECD Industries
TL;DR: In this paper, the authors explore the idea empirically using a panel of industries across twelve OECD countries and find that R&D is statistically and economically important in both technological catch-up and innovation.
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Geographic Localization of International Technology Diffusion
TL;DR: In this article, the authors estimate the amount of spillovers from R&D expenditures on a geographic basis, using a new data set which encompasses most of the world's innovative activity between 1970 and 1995, and find that technology is to a substantial degree local, not global, as the benefits from spillovers are declining with distance.
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Does Foreign Direct Investment Transfer Technology Across Borders
TL;DR: In this article, the authors investigate whether foreign direct investment (FDI) also transfers technology across borders, and they find that FDI transfers technology, but only in one direction: a country's productivity is increased if it invests in R&D-intensive foreign countries, but not if foreign R&DI-intensive countries invest in it.
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Are knowledge spillovers international or intranational in scope
TL;DR: The authors provided new estimates of the relative impact of intranational and international knowledge spillovers on innovation and productivity at the firm level, using previously unexploited panel data from the U.S. and Japan.
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Determinants of knowledge flows and their effect on innovation
TL;DR: Knowledge flows within and across countries may have important consequences for both productivity and innovation as discussed by the authors, using data on 1.5 million patents and 4.5 millions citations to estimate knowledge flow.
References
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Journal ArticleDOI
Innovation and Learning: The Two Faces of R & D
TL;DR: In this paper, the authors assume that firms invest in R&D not only to generate innovations, but also to learn from competitors and extraindustry knowledge sources (e.g., university and government labs).
Book
Innovation and growth in the global economy
Gene M. Grossman,Elhanan Helpman +1 more
TL;DR: Grossman and Helpman as discussed by the authors developed a unique approach in which innovation is viewed as a deliberate outgrowth of investments in industrial research by forward-looking, profit-seeking agents.
Posted Content
International R&D Spillovers
TL;DR: In this paper, the effects of both domestic and foreign R&D capital stocks on total factor productivity were investigated and it was shown that the foreign stocks had large effects on the smaller countries in the sample.
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International R&D spillovers
TL;DR: In this paper, a model is presented based on recent theories of economic growth that treat commercially oriented innovation efforts as a major engine of technological progress, and the authors study the extent to which a country's total factor productivity depends not only on domestic R&D capital but also on foreign capital.
Posted Content
The Search for R&D Spillovers
TL;DR: This article reviewed the empirical evidence for R&D spillovers and concluded that they are a major source of endogenous growth in various recent "New Growth Theory" models, and that they should be investigated further.