Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
965066 | Journal of the Japanese and International Economies | 2008 | 10 Pages |
Abstract
R&D in foreign affiliates and technology transferred from their parent firms are important potential drivers of productivity in host countries. In this paper we examine the simultaneous impact of local R&D and intra-firm international technology transfer on productivity growth in foreign affiliates. We estimate a dynamic productivity model on a large sample of Japanese manufacturing affiliates worldwide in 1996-1997 and 1999-2000. We find that both affiliate R&D and intra-firm technology transfer contribute to productivity growth, while technology transfer exhibits decreasing marginal returns. The two sources of technology are complements: use of one source of technology increases the marginal impact of the other. J. Japanese Int. Economies 22 (3) (2008) 310-319.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Rene Belderbos, Banri Ito, Ryuhei Wakasugi,