TY  - BOOK
AU  - Eugster,Johannes
AU  - Ho,Giang
AU  - Jaumotte,Florence
AU  - Piazza,Roberto
TI  - International Knowledge Spillovers
T2  - IMF Working Papers
SN  - 1484385063 :
PY  - 2018///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Economic Growth And Aggregate Productivity
KW  - imf
KW  - General
N2  - 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 and D, we find evidence that increases in international competitive pressure at the industry level had a positive effect on domestic innovation outcomes
UR  - http://elibrary.imf.org/view/IMF001/25660-9781484385067/25660-9781484385067/25660-9781484385067.xml
UR  - http://www.imfbookstore.org/IMFORG/9781484385067
ER  -