Importance of international linkages for local know-how flows. Some econometric evidence from Belgium

Reinhilde Veugelers and Bruno Cassiman

Economics Working Papers from Department of Economics and Business, Universitat Pompeu Fabra

Abstract: External knowledge is an important input for the innovation process of firms. Increasingly, this knowledge is likely to originate from outside of their national borders. This explains the preoccupation of policymakers with stimulating local technology transfers coming from international firms. We find that firms that have access to the international technology market are more likely to transfer technology to the local economy. In doing so, we qualify the traditional assertion that multinational firms are more likely to transfer technology to the local economy. Once controlled for the superior access to the international technology market that multinationals enjoy, we find that these firms are not more likely to transfer technology to the local economy compared to exporting or local firms that have access to the international technology market. In summary, the main result of this paper is that it is not so much the international character of the firms, but rather their access to the international technology market that is important for generating external knowledge transfers to the local economy.

Keywords: International technology transfers; know-how flows; cooperation in R&D; host economy benefits (search for similar items in EconPapers)
JEL-codes: D23 F23 L22 O32 (search for similar items in EconPapers)
Date: 2000-01
New Economics Papers: this item is included in nep-dev and nep-ino
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Working Paper: Importance of International Linkages for Local Know-How Flows: Some Econometric Evidence From Belgium (1999)
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Persistent link: https://EconPapers.repec.org/RePEc:upf:upfgen:434

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