EconPapers    
Economics at your fingertips  
 

International Talent Inflow and R&D Investment: Firm-level Evidence from China

Hao Wei, Ran Yuan and Laixun Zhao
Additional contact information
Hao Wei: Department of International Economics, Beijing Normal University
Ran Yuan: Department of International Economics, Beijing Normal University
Laixun Zhao: Research Institute for Economics & Business Administration (RIEB), Kobe University, Japan

No DP2019-17, Discussion Paper Series from Research Institute for Economics & Business Administration, Kobe University

Abstract: Using firm-level R&D data with regional international talent data, we find that international talent increases the R&D investment of Chinese manufacturing firms, a result that is further confirmed with patent data and under a number of robustness checks. These findings stem from two mechanisms: international talent boosts human capital accumulation and provides a diversified labor force. Further, the R&D promoting effect is stronger if firms are located in eastern China rather than in other regions, of small and medium-sized rather than large-sized, of domestic ownership rather than foreign ownership. The policy implication is, the introduction of international talent can be a new way to promoting R&D investment, especially for skilled-labor constrained countries.

Keywords: International talent inflow; Manufacturing firms; R&D; Patent application (search for similar items in EconPapers)
JEL-codes: F16 F22 O32 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cfn, nep-cna, nep-cse, nep-hrm, nep-knm, nep-sbm, nep-tid, nep-tra and nep-ure
Date: 2019-09
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://www.rieb.kobe-u.ac.jp/academic/ra/dp/English/DP2019-17.pdf First version, 2019 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kob:dpaper:dp2019-17

Access Statistics for this paper

More papers in Discussion Paper Series from Research Institute for Economics & Business Administration, Kobe University 2-1 Rokkodai, Nada, Kobe 657-8501 JAPAN. Contact information at EDIRC.
Bibliographic data for series maintained by Office of Promoting Research Collaboration, Research Institute for Economics & Business Administration, Kobe University ().

 
Page updated 2019-11-24
Handle: RePEc:kob:dpaper:dp2019-17