ESTIMATION OF THE KNOWLEDGE SPILLOVER EFFECTS BETWEEN FIRMS IN BIO-RELATED INDUSTRIES
Hanho Kim and
Jae-Kyung Kim
No 137933, 2005 Conference (49th), February 9-11, 2005, Coff's Harbour, Australia from Australian Agricultural and Resource Economics Society
Abstract:
Knowledge spillover is a kind of externality originating from imperfect appropriation of R&D performances, which implies that the knowledge created by one agent could be transmitted to other related agents by affecting their R&D or other economic performances. For the estimation of knowledge spillover effects based on firm-level patent data between firms in bio-related industries, patents production function, as a proxy of knowledge production function, is formulated and estimated. Knowledge spillovers from some industries to other industries are observed and strong competition effects also seem to exist.
Keywords: Industrial; Organization (search for similar items in EconPapers)
Pages: 14
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aare05:137933
DOI: 10.22004/ag.econ.137933
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