International R&D Spillovers: Technology Transfer vs. R&D Synergies

26 Pages Posted: 14 Feb 2013

See all articles by Alistair Dieppe

Alistair Dieppe

World Bank

Jan Mutl

European Business School (UK)

Date Written: December 28, 2012

Abstract

We estimate a model of international technological spillovers that allows for both international and inter-sectoral technology transfer, as well as international and intersectoral synergies in research and development (R&D). Furthermore we allow for a dynamic interaction in explaining total factor productivity (TFP). Relative to the existing literature, our model enables us make a judgment on the relative importance of the channels of international technology transmission. We find that direct technology transfer is positive while there are negative R&D spillovers. However, since R&D is found to positively affect TFP in own sector, the model implies that after accounting for both R&D and TFP spillovers, there is a total positive impact of R&D on TFP in the same sector while the overall impact of R&D on TFP in other sectors and countries is negative. Our results indicate that, by not distinguishing among different channels of transmission, some models previously estimated in the literature may suffer from omitted variable bias.

Keywords: TFP, total factor productivity, R&D, research and development, international spillovers, technology transfer

JEL Classification: C21, C23, D24, O30

Suggested Citation

Dieppe, Alistair and Mutl, Jan, International R&D Spillovers: Technology Transfer vs. R&D Synergies (December 28, 2012). ECB Working Paper No. 1504, Available at SSRN: https://ssrn.com/abstract=2194327

Alistair Dieppe (Contact Author)

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

Jan Mutl

European Business School (UK) ( email )

Regent's park
Inner Circle
London, NW1 4NS
United Kingdom

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
55
Abstract Views
510
rank
401,855
PlumX Metrics