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Estimation Of The Knowledge Spillover Effects Between Firms In Bio-Related Industries

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  • Kim, Hanho
  • Kim, Jae-Kyung

Abstract

Knowledge spillover is a kind of externality originating from imperfect appropriation of R&D performances, which implies that the knowledge created by one agent could be transmitted to other related agents by affecting their R&D or other economic performances. For the estimation of knowledge spillover effects based on firm-level patent data between firms in bio-related industries, patents production function, as a proxy of knowledge production function, is formulated and estimated. Knowledge spillovers from some industries to other industries are observed and strong competition effects also seem to exist.

Suggested Citation

  • Kim, Hanho & Kim, Jae-Kyung, 2005. "Estimation Of The Knowledge Spillover Effects Between Firms In Bio-Related Industries," 2005 Conference (49th), February 9-11, 2005, Coff's Harbour, Australia 137933, Australian Agricultural and Resource Economics Society.
    • Handle: RePEc:ags:aare05:137933
    DOI: 10.22004/ag.econ.137933
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    References listed on IDEAS

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