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Geographic and technological R&D spillovers within the triad: Micro evidence from US patents

Author

Listed:
  • Luigi Aldieri
  • Michele Cincera

Abstract

This paper aims at assessing the magnitude of R&D spillover effects on large international R&D companies? productivity growth. In particular, we investigate the extent to which R&D spillover effects are intensified by both geographic and technological proximities between spillover generating and receiving firms. We also control for the firm?s ability to identify, assimilate and absorb the external knowledge stock. The results estimated by means of panel data econometric methods (system GMM) indicate a positive and significant impact of both types of R&D spillovers and of absorptive capacity on productivity performance.
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Suggested Citation

  • Luigi Aldieri & Michele Cincera, 2009. "Geographic and technological R&D spillovers within the triad: Micro evidence from US patents," ULB Institutional Repository 2013/111934, ULB -- Universite Libre de Bruxelles.
    • Handle: RePEc:ulb:ulbeco:2013/111934
    Note: SCOPUS: cp.j
    as

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    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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