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International R&D Spillovers Through Information Networks

Author

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  • Gwanghoon Lee

    (Department of Economics, Chung-Ang University)

Abstract

This paper shows that consideration of the role of direct spillovers through information networks is crucial in empirical studies of international R&D spillovers. Data on line penetration rates are used to construct foreign R&D capitals that directly spill over across borders. The conspicuous indirect effects through imports of intermediate goods shown in previous studies diminish considerably when the estimation controls for direct effects. Instead, direct spillovers are strong and significant. In the 1980s, direct effects were stronger than in the 1970s, especially among G7 countries. Indirect effects were insignificant in the 1970s and were significantly negative in the 1980s.

Suggested Citation

  • Gwanghoon Lee, 2005. "International R&D Spillovers Through Information Networks," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 30(1), pages 151-164, June.
  • Handle: RePEc:jed:journl:v:30:y:2005:i:1:p:151-164
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    International R&D Spillovers; Direct Effects; Networks; Productivity;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • F01 - International Economics - - General - - - Global Outlook

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