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Asymmetries in Knowledge Dissemination from the Industrial Triad to Asia

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  • Tang, Linghui
  • Trevino, Len J.

Abstract

This paper examines the asymmetric effect of R&D spillovers from Europe, Japan, and North America to nine Asian economies through trade, foreign direct investment (FDI), and information technology (IT). Due to the existence of tacit knowledge, the absorptive capacity of recipient countries plays an important role in knowledge transfer. Our empirical results indicate that knowledge dissemination from Japan via trade is associated with higher absorptive capacity. Meanwhile, positive spillover effects from Europe via FDI and from North America via IT occur when the Asian countries have high absorptive capacity.

Suggested Citation

  • Tang, Linghui & Trevino, Len J., 2010. "Asymmetries in Knowledge Dissemination from the Industrial Triad to Asia," The Journal of Economic Asymmetries, Elsevier, vol. 7(1), pages 1-21.
  • Handle: RePEc:eee:joecas:v:7:y:2010:i:1:p:1-21
    DOI: 10.1016/j.jeca.2010.01.002
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    More about this item

    Keywords

    M16; O33; O53; R&D spillovers; Trade; FDI; Information technology;
    All these keywords.

    JEL classification:

    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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