Patenting and Productivity in the OECD

Jonathan Eaton and Samuel Kortum

Boston University - Institute for Economic Development from Boston University, Institute for Economic Development

Abstract: We develop and estimate a model of technological innovation and its contribution to growth at home and abroad. International patents indicate where innovations come from and where they are used. Countries grow at a common steady-state rate A country's relative productivity depends upon its capacity to absorb technology. We estimate that, except for the United States, OECD countries derive almost all of their productivity growth from abroad.

Date: 1995-02
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Persistent link: https://EconPapers.repec.org/RePEc:fth:bosecd:51

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