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Abstract

This study contributes to existing literature on firms’ innovative activity examining the influence of both internal firms’ physical and RandD capital, and external national and international knowledge spillovers. The paper presents a cross national analysis of United States, Japan and Europe based upon a new dataset composed of 879 worldwide RandD-intensive manufacturing firms. The empirical results suggest that the effect of RandD capital stock on firms’ innovation output is always positive. The effects of international RandD spillovers are positive in Japan and USA and negative in European economic area, while the national RandD spillovers has the opposite impact



Item Type: MPRA Paper -

Original Title: RandD Migration: a cross-national analysis-

Language: English-

Keywords: RandD spillovers; Innovation; Cross-national analysis-

Subjects: C - Mathematical and Quantitative Methods > C2 - Single Equation Models ; Single Variables > C23 - Panel Data Models ; Spatio-temporal ModelsO - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O33 - Technological Change: Choices and Consequences ; Diffusion ProcessesO - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity-





Author: Aldieri, Luigi

Source: https://mpra.ub.uni-muenchen.de/62541/







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