Geographic and Technological R&D Spillovers within the Triad: Micro Evidence from US Patents

22 Pages Posted: 18 Feb 2009  

Luigi Aldieri

Université Libre de Bruxelles (ULB)

Michele Cincera

Université Libre de Bruxelles (ULB) - Solvay Brussels School of Economics and Management

Date Written: January 2009

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.

Keywords: absorptive capacity, firms' productivity growth, Geographic and technological R&D spillovers

JEL Classification: O33, O47

Suggested Citation

Aldieri, Luigi and Cincera, Michele, Geographic and Technological R&D Spillovers within the Triad: Micro Evidence from US Patents (January 2009). CEPR Discussion Paper No. DP7113. Available at SSRN: https://ssrn.com/abstract=1345639

Luigi Aldieri (Contact Author)

Université Libre de Bruxelles (ULB) ( email )

CP 132 Av FD Roosevelt 50
Brussels, Brussels 1050
Belgium

Michele Cincera

Université Libre de Bruxelles (ULB) - Solvay Brussels School of Economics and Management ( email )

42 Av Franklin Roosevelt
1050
Brussels
Belgium
+3226504151 (Phone)
+3226504305 (Fax)

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