Inventing Together: Exploring the Nature of International Knowledge Spillovers in Latin America

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Title: Inventing Together: Exploring the Nature of International Knowledge Spillovers in Latin America
Author: Montobbio, Fabio ; Sterzi, Valerio
Abstract: This paper studies the nature, sources and determinants of international patenting activity in Latin American countries (LACs) and examines the extent to which LACs benefit from R&D that is performed in the G-5 countries (France, Germany, Japan, United Kingdom, and United States). By using patents and patent citations at the United States Patent and Trademark Office we trace intrasectoral knowledge flows from G-5 countries to LACs. We study the impact of three channels of spillovers: pure spillovers, patent citations related spillovers, and face-to-face contact spillovers. Our results, based on data for Argentina, Brazil, Chile, Colombia, and Mexico, suggest that international knowledge spillovers from the G-5 countries are a significant determinant of inventive activity over the period 1988-2003. In particular we find that the stock of ideas produced in the US has a strong impact on the international patenting activity of these countries. Moreover controlling for US-driven pure spillover effects, bilateral patent citations and face-to-face relationships between inventors are both important additional mechanisms of knowledge transmission. Some of our results suggest that the latter mechanism is more important than the former.
Description: Presented at GLOBELICS 2009, 7th International Conference, 6-8 October, Dakar, Senegal. Parallel session 3: International knowledge spillovers Paper previously released as CISPRO working paper number 225, November 2008.
Type: Proceedings
Date: 2009-10-07
Contributor: Università degli studi dell’Insubria (Varese, Italy)
Università di Bergamo
Università commerciale Luigi Bocconi. Centro studi sui processi di internazionalizzazione
Relation: GLOBELICS09. Session 3
Publisher: Georgia Institute of Technology
Subject: Innovation
R&D spillover
Knowledge flows

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