Abstract
This paper brings together the issues of knowledge spillovers and absorptive capacity, by assessing the role of prior R&D experience in enhancing a country's ability to understand and improve upon external knowledge. International spillovers are found effective in increasing innovative productivity in laggard countries, while technological leaders are a source rather than a destination of knowledge flows. Quantitative estimates of the effect of absorptive capacity on innovative performance, through knowledge spillovers, show that absorptive capacity increases the elasticity of a laggard country's innovation to international spillovers, while its marginal effect is negligible for countries at the technological frontier.
Lingua originale | English |
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pagine (da-a) | 155-165 |
Numero di pagine | 11 |
Rivista | Journal of International Economics |
Volume | 76 |
DOI | |
Stato di pubblicazione | Pubblicato - 2008 |
Keywords
- Absorptive capacity
- Citations
- Knowledge production function
- Patents
- R&D spillovers