International knowledge spillovers*

The race between man and machine: implications of technology for growth, factor shares, and employment

Johannes L EugsterInter, Giang Ho, Florence Jaumotte () and Roberto Piazza

Journal of Economic Geography, 2022, vol. 22, issue 6, 1191-1224

Abstract: How important is foreign knowledge for domestic innovation outcomes? How is this relation shaped by globalization and the attendant intensification of international competition? Our empirical approach extends the previous literature by analyzing a large panel comprising industries in both advanced and emerging economies over the past two decades. We find that barriers to the domestic diffusion of foreign knowledge have fallen significantly for emerging economies. For all countries, and especially for emerging economies, inflows of foreign knowledge have a growing and quantitatively important impact on domestic innovation. Controlling for the amount of domestic R&D, we find evidence that increases in international competitive pressure at the industry level had a positive effect on domestic innovation outcomes.

Keywords: Knowledge spillovers; knowledge barriers; international competition (search for similar items in EconPapers)
JEL-codes: F1 F2 O3 O4 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (3)

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Working Paper: International Knowledge Spillovers (2018)
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