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The Pattern of International Pattenting and Technology Diffusion
[journal article]
Abstract The paper focuses on the impact of R&D expenditure on labor productivity using interna-tional patent applications as a technology diffusion indicator. Considering the relationship between research and productivity, the pattern of international patenting reflects the channel between the source and th... view more
The paper focuses on the impact of R&D expenditure on labor productivity using interna-tional patent applications as a technology diffusion indicator. Considering the relationship between research and productivity, the pattern of international patenting reflects the channel between the source and the destination of transferred technology. Accounting for nonstation-arity and cointegration, I find that patent-related foreign R&D spillovers are present for a panel of 18 OECD countries. Moreover, Non-G7 OECD countries benefit more from foreign rather than domestic R&D activities. Estimates also show, that there is no significant spillover effect from bilateral trade, but confirm the impact of FDI on domestic labor productivity.... view less
Document language
English
Publication Year
2008
Page/Pages
p. 2819-2837
Journal
Applied Economics, 40 (2008) 21
DOI
https://doi.org/10.1080/00036840600981630
Status
Postprint; peer reviewed
Licence
PEER Licence Agreement (applicable only to documents from PEER project)