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Foreign technology acquisition, spillovers, and sunk costs: evidence from plant-level data

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  • Ricardo Lopez

    () (Indiana University)

Abstract

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.

Suggested Citation

  • Ricardo Lopez, 2008. "Foreign technology acquisition, spillovers, and sunk costs: evidence from plant-level data," Economics Bulletin, AccessEcon, vol. 15(11), pages 1-7.
  • Handle: RePEc:ebl:ecbull:eb-08o30003
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    References listed on IDEAS

    as
    1. 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.
    2. 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.
    3. 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.
    4. Giannitsis, Tassos, 1991. "Licensing in a newly industrializing country: The case of Greek manufacturing," World Development, Elsevier, vol. 19(4), pages 349-362, April.
    5. 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.
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    More about this item

    Keywords

    Foreign technology licensing Spillovers Developing countries;

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • L6 - Industrial Organization - - Industry Studies: Manufacturing

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