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R&D Spillovers in Manufacturing Industries

Author

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  • Jeong Yeon Lee

    (Yonsei University)

Abstract

The empirical findings of this paper suggest that manufacturing industries derive substantial benefits from research and development performed in other industries. In fact, R&D spillovers tend to be more potent force behind productivity gains in the OECD manufacturing sector that the industry's own R&D activities. Inter-industry R&D spillovers are found to play a particularly important role in improving industrial productivity. In certain industries, however, international R&D spillovers may have stronger effects especially for countries more open to international trade.

Suggested Citation

  • Jeong Yeon Lee, 2006. "R&D Spillovers in Manufacturing Industries," Korean Economic Review, Korean Economic Association, vol. 22, pages 177-196.
    • Handle: RePEc:kea:keappr:ker-20060630-22-1-09
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    More about this item

    Keywords

    R&D; Spillover; Productivity; Malmquist index;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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