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Inventing Together: Exploring the Nature of International Knowledge Spillovers in Latin America

Listed author(s):
  • Fabio Montobbio

    (Università dell'Insubria, Varese and CESPRI, Bocconi Univerity - Milan - Italy)

  • Valerio Sterzi

    (University of Bergamo and CESPRI, Bocconi University, Milan - Italy)

This paper studies the nature, sources and determinants of international patenting activity in Latin American countries (LACs) and examines the extent to which LACs benefit from R&D that is performed in the G-5 countries (France, Germany, Japan, United Kingdom, and United States). By using patents and patent citations at the United States Patent and Trademark Office we trace intrasectoral knowledge flows from G-5 countries to LACs. We study the impact of three channels of spillovers: pure spillovers, patent citations related spillovers, and face-to-face contact spillovers. Our results, based on data for Argentina, Brazil, Chile, Colombia, and Mexico, suggest that international knowledge spillovers from the G-5 countries are a significant determinant of inventive activity over the period 1988-2003. In particular we find that the stock of ideas produced in the US has a strong impact on the international patenting activity of these countries. Moreover controlling for US-driven pure spillover effects, bilateral patent citations and face-to-face relationships between inventors are both important additional mechanisms of knowledge transmission. Some of our results suggest that the latter mechanism is more important than the former.

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Paper provided by KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy in its series KITeS Working Papers with number 225.

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Length: pages 37
Date of creation: Nov 2008
Date of revision: Nov 2008
Handle: RePEc:cri:cespri:wp225
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