Innovation, international R&D spillovers and the sectoral heterogeneity of knowledge flows

Review of World Economics

Volumn 149, Issue 4, 2013, Pages 697-722

  Malerba, Franco ^a   Mancusi, Maria Luisa ^a,b   Montobbio, Fabio ^a,c  

^a BOCCONI UNIVERSITY   (Italy)

^b UNIVERSITÀ CATTOLICA DEL SACRO CUORE   (Italy)

^c UNIVERSITY OF TURIN   (Italy)

Author keywords

Knowledge flows; Panel cointegration; Patent citations; R D spillovers

Indexed keywords

EID: 84888072162     PISSN: 16102878     EISSN: 16102886     Source Type: Journal    
DOI: 10.1007/s10290-013-0167-0     Document Type: Article

References (59)

1. Arora, A., Landau, R., & Rosenberg, N. (2000). Chemicals and long term growth. New York: Wiley and Son.
2. Arrow, K. (1962). The economic implications of learning by doing. Review of Economic Studies, 29(3), 166-170.
3. Atkinson, A. B., & Siglitz, J. (1969). A new view of technical change. The Economic Journal, 79(315), 573-578.
4. Bacchiocchi, E., & Montobbio, F. (2010). International knowledge diffusion and home-bias effect. Do USPTO & EPO patent citations tell the same story? Scandinavian Journal of Economics, 112(3), 441-470.
5. Bernstein, J. I. (1988). Costs of production, intra- and inter-industry R&D spillovers: Canadian evidence. Canadian Journal of Economics, 21(2), 324-347.
6. Bernstein, J. I., & Nadiri, I. M. (1988). Interindustry R&D spillovers, rates of return, and production in high-tech industries. American Economic Review, 78(2), 429-434.
7. Bottazzi, L., & Peri, G. (2003). Innovation and spillovers in regions: Evidence from European patent data. European Economic Review, 47(4), 687-710.
8. Bottazzi, L., & Peri, G. (2007). The dynamics of R&D and innovation in the short run and in the long run. The Economic Journal, 117(518), 486-511.
9. Branstetter, L. G. (2001). Are knowledge spillovers international or intranational in scope? Microeconometric evidence from the U. S. and Japan. Journal of International Economics, 53(1), 53-79.
10. Breitung, J., & Pesaran, M. H. (2005). Unit roots and cointegration in panels (IEPR Working Paper 05. 32). Institute of Economic Policy Research, University of Southern California.
11. Breschi, S., & Lissoni, F. (2004). Knowledge networks from patent data: Methodological issues and research targets. In H. F. Moed, W. Glänzel, & U. Schmoch (Eds.), Handbook of quantitative science and technology research. The use of publication and patent statistics in studies of S&T systems. Berlin: Springer.
12. Coe, D. T., & Helpman, E. (1995). International R & D spillovers. European Economic Review, 39(5), 859-887.
13. Cohen, W., & Levinthal, D. (1989). Innovation and learning: The two faces of R&D. The Economic Journal, 99(397), 569-596.
14. Dosi, G. (1988). Sources, procedures and microeconomic effects of innovation. Journal of Economic Literature, 26, 1120-1171.
15. Duguet, E., & MacGarvie, M. (2005). How well do patent citations measure flows of technology? Evidence from French innovation surveys. Economics of Innovation and New Technology, 14(5), 375-393.
16. Eaton, J., & Kortum, S. (1996). Trade in ideas. Patenting and productivity in the OECD. Journal of International Economics, 40(3-4), 251-278.
17. Edmond, C. (2001). Some panel cointegration models of international R&D spillovers. Journal of Macroeconomics, 23(2), 241-260.
18. EPO (2005). Guidelines for examination in the European Patent Office. http://www. european-patent-office. org/legal/gui_lines/.
19. Frantzen, D. (2002). Intersectoral and international R&D knowledge spillovers and total factor productivity. Scottish Journal of Political Economy, 49(3), 280-303.
20. Görg, H., & Greenaway, D. (2001). Foreign direct investment and intra-industry spillovers: A review of the literature (GEP Research Paper 2001/37). University of Nottingham: Leverhulme Centre for Research on Globalisation and Economic Policy.
21. Griffith, R., Redding, S., & van Reenen, J. (2004). Mapping the two faces of R&D: Productivity growth in a panel of OECD industries. Review of Economics and Statistics, 86(4), 883-895.
22. Griliches, Z. (1990). Patent statistics as economic indicators: A survey. Journal of Economic Literature, 28(4), 1661-1707.
23. Grossman, G., & Helpman, E. (1991). Innovation and growth in the global economy. Cambridge: MIT Press.
24. Grupp, G., & Munt, H. (1995). Konkordanz zwischen der internationalen Patent und Warenklassification. Karlsruhe: Fraunhofer-ISI.
25. Hall, B. H., Griliches, Z., & Hausman, J. A. (1986). Patents and R&D: Is there a lag? International Economic Review, 27(2), 265-284.
26. Hall, B. H., Jaffe, A. B., & Trajtenberg, M. (2001). The NBER patent citation data file: Lessons, insights and methodological tools (NBER Working Paper no. 8498). Cambridge, MA: National Bureau of Economic Research.
27. Hall, B. H., & Mairesse, J. (1995). Exploring the relationship between R&D and productivity in French manufacturing firms. Journal of Econometrics, 65(1), 263-293.
28. Harris, R. D. F., & Tzavalis, E. (1999). Inference for unit roots in dynamic panels where the time dimension is fixed. Journal of Econometrics, 91(2), 201-226.
29. Jaffe, A. B., & Trajtenberg, M. (1996). Flows of knowledge from Universities and Federal Laboratories: Modelling the flow of patent citations over time and across institutional and geographic boundaries. Proceedings of the National Academy of Sciences, 93, 12671-12677.
30. Jaffe, A. B., Trajtenberg, M., & Fogarty, M. S. (2000). Knowledge spillovers and patent citations: Evidence from a survey of inventors. The American Economic Review, 90(2, Papers and Proceedings), 215-218.
31. Jaffe, A. B., Trajtenberg, M., & Henderson, R. (1993). Geographic localisation of knowledge spillovers as evidenced by patent citations. Quarterly Journal of Economics, 108(3), 577-598.
32. Kao, C., & Chiang, M. H. (2000). On the estimation and inference of a cointegrated regression in panel data. Advances in Econometrics, 15, 179-222.
33. Kao, C., Chiang, M. H., & Chen, B. (1999). International R&D spillovers: An application of estimation and inference in panel cointegration. Oxford Bulletin of Economics and Statistics, 61(S1), 691-709.
34. Keller, W. (2002). Trade and the transmission of technology. Journal of Economic Growth, 7(1), 5-24.
35. Keller, W., (2010). International trade, foreign direct investment, and technology spillovers. In B. H. Hall & N. Rosenberg (Eds.), Handbook of the economics of innovation (Vol. 2, Ch. 19, pp. 793-829).
36. Keller, W., & Yeaple, S. R. (2009). Multinational enterprises, international trade, and productivity growth: Firm-level evidence from the United States. The Review of Economics and Statistics, 91(4), 821-831.
37. Los, B., & Verspagen, B. (2003). Technology spillovers and their impact on productivity. In: The Edward Elgar companion on neo-Schumpeterian economics (pp. 574-593). Cheltenham: Edward Elgar.
38. Luintel, K. B., & Khan, M. (2004). Are international R&D spillovers costly for the United States? The Review of Economics and Statistics, 86(4), 896-910.
39. Malerba, F., & Montobbio, F. (2003). Exploring factors affecting international technological specialization: The role of knowledge flows and the structure of innovative activity. Journal of Evolutionary Economics, 13(4), 411-434.
40. Mancusi, M. L. (2008). International spillovers and absorptive capacity: A cross-country cross-sector analysis based on patents and citations. Journal of International Economics, 76(2), 155-165.
41. Maurseth, P. B., & Verspagen, B. (2002). Knowledge spillovers in Europe: A patent citations analysis. Scandinavian Journal of Economics, 104(4), 531-545.
42. Mohnen, P. (1997). Introduction: Input-output analysis of inter-industry R&D spillovers. Economic Systems Research, 9(1), 3-8.
43. Montobbio, F., & Sterzi, V. (2011). Inventing together: Exploring the nature of international knowledge spillovers in Latin America. Journal of Evolutionary Economics, 21(1), 53-89.
44. Mowery, D. (1996). The international computer software industry. Oxford: Oxford University Press.
45. OECD (2005a). The OECD STAN database for industrial analysis. Paris: OECD.
46. OECD (2005b). Research and development expenditure in industry 2004. Paris: OECD.
47. Owen-Smith, J., & Powell, W. W. (2004). Knowledge networks as channels and conduits: The effects of spillovers in the Boston biotechnology community. Organization Science, 15(1), 5-21.
48. Park, J. (2004). International and intersectoral R & D spillovers in the OECD and East Asian economies. Economic Inquiry, 42(4), 739-757.
49. Pedroni, P. (1999). Critical values for cointegration tests in heterogeneous panels with multiple regressors. Oxford Bulletin of Economics and Statistics, 61(S1), 653-670.
50. Pedroni, P. (2004). Panel cointegration; asymptotic and finite sample properties of pooled time series tests with an application to the purchasing power parity hypothesis. Econometric Theory, 20(3), 597-625.
51. Peri, G. (2005). Determinants of knowledge flows and their effect on innovation. The Review of Economics and Statistics, 87(2), 308-322.
52. Rivera-Batiz, L. A., & Romer, P. M. (1991). Economic integration and endogenous growth. The Quarterly Journal of Economics, 106(2), 531-555.
53. Rosenberg, N. (1976). Perspectives on technology. Cambridge: Cambridge University Press.
54. Scherer, F. M. (1982). Inter-industry technology flows and productivity growth. Review of Economics and Statistics, 64(4), 627-634.
55. Stephan, P. (1996). The economics of science. Journal of Economic Literature, 34(3), 1199-1235.
56. Sutton, J. (1998). Technology and market structure. Cambridge: MIT Press.
57. Verspagen, B. (1997). Measuring intersectoral technology spillovers: Estimates from the European and US patent office databases. Economic Systems Research, 9(1), 47-65.
58. Wengel, J., & Shapira, P. (2004). Machine tools: The remaking of a traditional sectoral innovation system. In F. Malerba (Ed.), Sectoral systems of innovation. Cambridge: Cambridge University Press.
59. Wieser, R. (2005). Research and development productivity and spillovers: Empirical evidence at the firm level. Journal of Economic Surveys, 19(4), 587-621.