Ict as a General Purpose Technology: Spillovers, Absorptive Capacity and Productivity Performance

نویسندگان

  • Ana Rincon
  • Michela Vecchi
  • Francesco Venturini
چکیده

We analyse the impact of ICT spillovers on productivity using company data for the U.S. We account for interand intra-industry spillovers and assess the role played by firm’s absorptive capacity. Our results show that intra-industry ICT spillovers have a contemporaneous negative effect that turns positive 5 years after the initial investment. For inter-industry spillovers both contemporaneous and lagged effects are positive and significant. In the short run, companies’ innovative effort is complementary to ICT spillovers, but such complementarity disappears with the more pervasive adoption and diffusion of the technology. JEL codes: D24, D62, O33

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Foreign direct investment, spillovers and absorptive capacity: Evidence from quantile regressions

This paper focuses on the role of absorptive capacity in determining whether or not domestic firms benefit from productivity spillovers from FDI using establishment level data for the UK. We allow for different effects of FDI on establishments located at different quantiles of the productivity distribution by using conditional quantile regression. Overall, while there is some heterogeneity in r...

متن کامل

Determinant Factors of Absorptive Capacity and Innovation in Iranian Industry’s firms (Focus on Firm Size, Labor Productivity and Value of Production)

The successful economies are ones that have effective system to transform knowledge and technology in economic capacity. They have complex system that is an important sector of their economy. The current approach moving to knowledge based society is attention to R&D activities and high technologies. In this path, industrial companies can have a vital role in creating, developing and applying of...

متن کامل

PRODUCTIVITY SPILLOVERS FROm mULTINATIONAL COmPANIES

Many host country governments assume that inward Foreign Direct Investment (FDI) can bestow large benefits to the economy, bringing not only new investment that boosts national income but also an inflow of new foreign knowledge and technology. The purpose of this chapter is to review the evidence of the importance of these productivity spillovers from inward FDI. It finds that the international...

متن کامل

Foreign direct investment and SME growth: Highlighting the need for absorptive capacity to support linkages between transnational corporations and SMEs in developing countries

FDI has always been thought to affect the growth of local firms through technological spillovers and as such many developing countries have invested a lot to attract FDI. These spillovers can happen through FDI having backward, forward and horizontal linkages with local firms. Though in many countries FDI has contributed to the development of local firms, there is evidence to suggest that this ...

متن کامل

The Dynamic Impact of Ict Spillovers on Companies ' Productivity Performance

Using company account data for the US and four European countries this paper analyses the impact of ICT spillovers on companies’ performance. We use different definitions of spillovers to account for inter and intra-industry spillover effects, as well as assessing the presence of spillovers from the US to Europe. We also look at the possibility that spillovers might take some time to materialis...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2013