The Impact of Spillovers and Knowledge Heterogeneity on Firm Performance: Evidence from Swiss Manufacturing
Spyros Arvanitis and
Heinz Hollenstein ()
Chapter 10 in Innovation and Firm Performance, 2002, pp 225-252 from Palgrave Macmillan
Abstract:
Abstract This chapter explores the impact of knowledge capital (computed on the basis of firm patent counts and R&D expenditures, respectively) and patent, as well as R&D spillovers, on total factor productivity at the firm level for Swiss manufacturing in the usual setting of a Cobb-Douglas production function. We introduce spillovers from R&D or patents by constructing two types of spillover measures: one based on material flows between sectors, and the other one reflecting technological proximity at the firm level. In a further step, international R&D as well as patent spillovers from eight technologically highly developed countries are taken into consideration.
Keywords: Firm Performance; Total Factor Productivity; Firm Level; Innovative Activity; External Knowledge (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59588-0_10
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DOI: 10.1057/9780230595880_10
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