Technology Diffusion and Innovation: The Importance of Domestic and Foreign Sources

Hans Lööf ()

Chapter 11 in Determinants of Innovative Behaviour, 2008, pp 245-271 from Palgrave Macmillan

Abstract: Abstract Recent work in economic growth using aggregate data suggests that variation in cross-country productivity is at least as much due to foreign as to domestic innovation (Keller and Yale, 2003). At the same time, a vast majority of scholars now agree that proximity afforded by locating in large urban regions creates an advantage for firms by facilitating information and knowledge flows for innovation activities, according to arguments presented earlier by Vernon (1962), later by Glaesner (1999) and Feldman and Audretsch (1999).

Keywords: Foreign Direct Investment; Innovation Performance; Capital Structure; Knowledge Spillover; Patent Citation (search for similar items in EconPapers)
Date: 2008
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DOI: 10.1057/9780230285736_11

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