R&D Spillovers in Manufacturing Industries

Jeong Yeon Lee
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Jeong Yeon Lee: Yonsei University

Korean Economic Review, 2006, vol. 22, 177-196

Abstract: The empirical findings of this paper suggest that manufacturing industries derive substantial benefits from research and development performed in other industries. In fact, R&D spillovers tend to be more potent force behind productivity gains in the OECD manufacturing sector that the industry's own R&D activities. Inter-industry R&D spillovers are found to play a particularly important role in improving industrial productivity. In certain industries, however, international R&D spillovers may have stronger effects especially for countries more open to international trade.

Keywords: R&D; Spillover; Productivity; Malmquist index (search for similar items in EconPapers)
JEL-codes: O31 O40 (search for similar items in EconPapers)
Date: 2006
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