EconPapers    
Economics at your fingertips  
 

Scientific linkages and firm productivity: Panel data evidence from Taiwanese electronics firms

Jong-Rong Chen (), Kamhon Kan () and I-Hsuan Tung

Research Policy, 2016, vol. 45, issue 7, 1449-1459

Abstract: Using a panel of electronics firms listed on the Taiwan Stock Exchange, this paper explores the spillover of scientific research to the private sector by looking at the impact of the intensity a patent⬢s backward citation of scientific publications relative to citation of other patents on the patent-owning firm⬢s productivity. To identify the causal effect, we use measures of a firm⬢s financial constraints as instrumental variables to account for the potential endogeneity of scientific citation intensity of a patent. The empirical results suggest that the citation of scientific publications by a patent has a strong and positive effect on the patent-owning firm⬢s productivity.

Keywords: Patent citation; Scientific discoveries; R&D spillover; Productivity (search for similar items in EconPapers)
JEL-codes: O31 O34 O47 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0048733316300464
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:respol:v:45:y:2016:i:7:p:1449-1459

DOI: 10.1016/j.respol.2016.03.023

Access Statistics for this article

Research Policy is currently edited by M. Bell, B. Martin, W.E. Steinmueller, A. Arora, M. Callon, M. Kenney, S. Kuhlmann, Keun Lee and F. Murray

More articles in Research Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2024-06-28
Handle: RePEc:eee:respol:v:45:y:2016:i:7:p:1449-1459