The effect of technology spillovers is widely considered as one of the main channels through which domestic firms benefit from FDI, and plays an important role in economic development of host countries. Based on the analysis framework for technology spillovers established by Borensztein et al. (1998), this paper will analyse and try to figure out the development patterns of ASEAN by utilizing ...

This paper studies the implications for the long-run world income distribution (WID) of two possible knowledge spillovers structures: appropriate technology and backward knowledge spillovers. In an appropriate technology framework, where total factor intensity is an index of the technological level of an economy, countries will grab useful knowledge only from their technological neighborhood, t...

â â â â â â â â â â â â â â â  â  abstract â  the effect of technology spillovers is widely considered as one of the main channels through which domestic firms benefit from fdi, and plays an important role in economic development of host countries. based on the analysis framework for technology spillovers established by borensztein et al. (1998), this paper will analyse and try to figure out th...

This study examines the effect of technology spillovers on firms’ cash holdings. It finds that firms facing greater technology spillovers hold higher cash balances. This effect is more pronounced among financially constrained firms and for firms that are likely to benefit more from diffused technology, e.g., those have newer patents, are more profitable, face better growth opportunities and are...

Intra-industry spillovers from information technology investments have been cited as a potentially important driver of productivity growth. Using firm-level data to measure the sizes of these spillovers, however, can be challenging because of biases caused by 1) measurement error and 2) the difficulty in separating the effects of spillovers from the effects of shared technological opportunity. ...

This paper assesses the strength of productivity spillovers nonparametrically in a data-set of 12 industries and 231 NUTS2 regions in 17 European Union member countries between 1992 and 2006. It devotes particular attention to measuring catching up through spillovers depending on the technology gap of a unit to the industry leader and the local human capital endowment. We find evidence of a non...

F M. and N A. (2005) Regional geographic research and development spillovers and economic growth: evidence from West Germany, Regional Studies 39, 143–153. The paper is based on recent theoretical writings in growth economics that emphasise the effects of both own research and development efforts and of interregional technology spillovers on regions’ productivity. It proposes robust e...

This study evaluates the impact of knowledge spillovers on the convergence of productivity among firms. With the use of patent citation data, knowledge spillovers are decomposed into intraand inter-industry spillovers, and internal knowledge flows. The findings from this study suggest that each firm is converging to its own steady-state productivity growth rate, which is conditional on the firm...

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 a...

The borders of EU are open for the movement of resources but still there can be some strong negative effects of international borders on productivity and knowledge spillovers compared to the internal regional borders. These negative effect could be due to language barriers, cultural differences, local rules and regulation, legal issues, property rights etc. These effects of international border...