International Technology Sourcing and Knowledge Spillovers: Evidence from OECD Countries / Sophia Chen, Estelle Dauchy.

Format:

Book

Government document

Author/Creator:

Chen, Sophia.

Contributor:

Dauchy, Estelle.

International Monetary Fund, issuing body.

Series:

IMF Working Papers; Working Paper ; No. 2018/051

IMF Working Papers

Language:

English

Subjects (All):

Technology--OECD countries.

Technology.

Research, Industrial--Economic aspects--OECD countries.

Research, Industrial.

Physical Description:

1 online resource (39 pages)

Edition:

1st ed.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2018.

Summary:

How much do firms benefit from foreign R&D and through what channel? We construct a global network of corporate innovation using more than 1.5 million patents granted to firms in OECD countries. We test the “international technology sourcing” hypothesis that foreign innovation activities tap into foreign R&D and improve home productivity through knowledge spillovers. We find that firms with stronger inventor presence in technology frontier countries benefit disproportionately more from their R&D. The strength of knowledge spillovers depends on the direction of technology sourcing. Knowledge externality is larger for firms in technology frontier countries than for firms in non-frontier countries.

Contents:

Cover

Contents

Abstract

I. Introduction

II. Patents and corporate innovation network: stylized facts

III. Model and methodology

IV. Data and measurement

V. Results

A. Summary statistics

B. Baseline results

C. Examining the multilateral and bilateral relationship

D. Extensions

Profit shifting

Absorptive capacity

Presample innovation location

VI. Conclusion.

Notes:

Includes bibliographical references.

Description based on publisher supplied metadata and other sources.

Description based on print version record.

ISBN:

9781484347683

1484347684

9781484347706

1484347706

OCLC:

1031345330