Foreign technology acquisition, spillovers, and sunk costs: evidence from plant-level data
This paper studies empirically the determinants of foreign technology acquisition through licenses. We extend the previous literature by examining spillover effects of general licensing activity in the sector as well as in downstream sectors.
Volume (Year): 15 (2008)
Issue (Month): 11 ()
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- Kiyota, Kozo & Okazaki, Tetsuji, 2005.
"Foreign technology acquisition policy and firm performance in Japan, 1957-1970: Micro-aspects of industrial policy,"
International Journal of Industrial Organization,
Elsevier, vol. 23(7-8), pages 563-586, September.
- Kozo Kiyota & Tetsuji Okazaki, 2005. "Foreign Technology Acquisition Policy and Firm Performance in Japan, 1957-1970: Micro-aspects of Industrial Policy," CIRJE F-Series CIRJE-F-329, CIRJE, Faculty of Economics, University of Tokyo.
- Giannitsis, Tassos, 1991. "Licensing in a newly industrializing country: The case of Greek manufacturing," World Development, Elsevier, vol. 19(4), pages 349-362, April.
- Windmeijer, Frank, 2005. "A finite sample correction for the variance of linear efficient two-step GMM estimators," Journal of Econometrics, Elsevier, vol. 126(1), pages 25-51, May.
- Vishwasrao, Sharmila & Bosshardt, William, 2001. "Foreign ownership and technology adoption: evidence from Indian firms," Journal of Development Economics, Elsevier, vol. 65(2), pages 367-387, August.
- Montalvo, Jose G. & Yafeh, Yishay, 1994. "A microeconometric analysis of technology transfer : The case of licensing agreements of Japanese firms," International Journal of Industrial Organization, Elsevier, vol. 12(2), pages 227-244, June.
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