| By: |
Chia-Lin Chang (Department of Applied Economics, Department of Finance, National Chung Hsing University, Taiwan);
Michael McAleer (Econometric Institute, Erasmus School of Economics, Erasmus University Rotterdam and Tinbergen Institute, The Netherlands, Department of Quantitative Economics, Complutense University of Madrid, and Institute of Economic Research, Kyoto University.);
Ju-Ting Tang (Department of Applied Economics National Chung Hsing University, Taiwan.) |
| Abstract: |
With the advent of globalization, economic and financial interactions among
countries have become widespread. Given technological advancements, the
factors of production can no longer be considered to be just labor and
capital. In the pursuit of economic growth, every country has sensibly
invested in international cooperation, learning, innovation, technology
diffusion and knowledge. In this paper, we use a panel data set of 40
countries from 1981 to 2008 and a negative binomial model, using a novel set
of cross-border patents and joint patents as proxy variables for technology
diffusion, in order to investigate such diffusion. The empirical results
suggest that, if it is desired to shift from foreign to domestic technology,
it is necessary to increase expenditure on R&D for business enterprises and
higher education, exports and technology. If the focus is on increasing
bilateral technology diffusion, it is necessary to increase expenditure on R&D
for higher education and technology. |
| Keywords: |
International Technology Diffusion, Exports, Imports, Joint Patent, Cross-border Patent, R&D, Negative Binomial Panel Data. |
| JEL: |
F14 F21 O30 O57 E30 E31 E52 C22 F15 |
| Date: |
2013 |
| URL: |
http://d.repec.org/n?u=RePEc:ucm:doicae:1506&r=tid |