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International technology spillovers and innovation: Evidence from Taiwanese high-tech firms

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  • Judy Hsu
  • Ya-Ping Chuang

Abstract

This paper uses Taiwanese high-tech firms' data from 2003 to 2007 to investigate the impacts of international technology spillovers and firms' R&D activities on firms' innovation performance. We also consider absorptive capability and examine whether the technology spillovers have different effect on firms' innovation performance. We choose patent application counts to measure firms' innovation performance, and adopt panel Ordinary Least Squares (OLS) with fixed-effect and random-effect models as well as System Generalized Method of Moments (GMM) model to estimate. The empirical findings indicate the innovation performance of high-tech firms is positively affected by their R&D efforts, export performance, and the presences of multinational corporations. Furthermore, when absorptive capacity is taken into account, the technology spillovers by exporting and technology import would affect the innovation performance more.

Suggested Citation

  • Judy Hsu & Ya-Ping Chuang, 2014. "International technology spillovers and innovation: Evidence from Taiwanese high-tech firms," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 23(3), pages 387-401, April.
    • Handle: RePEc:taf:jitecd:v:23:y:2014:i:3:p:387-401
    DOI: 10.1080/09638199.2012.725755
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    Cited by:

    1. Chao Wang & Yue‐Jun Zhang, 2020. "Does environmental regulation policy help improve green production performance? Evidence from China's industry," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(2), pages 937-951, March.
    2. Duan, Yunlong & Liu, Shuling & Cheng, Hao & Chin, Tachia & Luo, Xuan, 2021. "The moderating effect of absorptive capacity on transnational knowledge spillover and the innovation quality of high-tech industries in host countries: Evidence from the Chinese manufacturing industry," International Journal of Production Economics, Elsevier, vol. 233(C).
    3. Fındık, Derya & Beyhan, Berna, 2014. "A Perceptual Measure of Innovation Performance: Micro Level Evidence from Turkey," MPRA Paper 60961, University Library of Munich, Germany.
    4. Derya Findik & Berna Beyhan, 2017. "A Perceptual Measure of Innovation Performance: Firm-Level Evidence from Turkey," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 14(06), pages 1-19, December.
    5. Wang, Chao & Zhang, Yue-Jun, 2022. "The effect of environmental regulation and skill premium on the inflow of FDI:Evidence from Chinese industrial sectors," International Review of Economics & Finance, Elsevier, vol. 81(C), pages 227-242.
    6. Mariano O. Birlain-Escalante & Jorge M. Islas-Samperio & Ángel de la Vega-Navarro & Arturo Morales-Acevedo, 2023. "Development and Upstream Integration of the Photovoltaic Industry Value Chain in Mexico," Energies, MDPI, vol. 16(4), pages 1-27, February.

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