January 2011
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144 Reads
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158 Citations
Review of Economics and Statistics
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January 2011
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144 Reads
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158 Citations
Review of Economics and Statistics
February 2005
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361 Reads
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349 Citations
Review of Economics and Statistics
In bridging the technology gap with the OECD nations, developing economies have access to three avenues of technological advance: domestic R&D, technology transfer, and foreign direct investment. This paper examines the contributions of each of these avenues, as well as their interactions, to productivity within Chinese industry. Based on a large data set for China's large and medium-size enterprises, the estimation results show that in-house R&D significantly complements technology transfer-whether of domestic or foreign origin. Foreign direct investment, which we assume is an important channel of proprietary technology transfer, does not facilitate the transfer of market-mediated foreign technology. Copyright (c) 2005 President and Fellows of Harvard College and the Massachusetts Institute of Technology.
June 2003
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721 Reads
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51 Citations
SSRN Electronic Journal
The capacity of developing economies to narrow the gap in living standards with the OECD nations depends critically on their ability to imitate and innovate new technologies. Toward this end, developing economies have access to three avenues of technological advance: technology transfer, domestic R&D, and foreign direct investment. This paper examines the contributions of each of these avenues, as well as their interactions, to productivity and knowledge production within Chinese industry. Based on a large data set for China’s large and medium-size enterprises, the estimation results show that technology transfer – whether domestic or foreign – affects productivity only through its interactions with in-house R&D. Foreign direct investment does not appear to facilitate the adoption of market-mediated foreign technology transfer. Firms wishing to produce patentable knowledge do not benefit from technology transfer; patentable knowledge is created exclusively through in-house R&D operations. http://deepblue.lib.umich.edu/bitstream/2027.42/39968/3/wp582.pdf
February 2003
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22 Reads
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2 Citations
SSRN Electronic Journal
The capacity of developing economies to narrow the gap in living standards with the OECD nations depends critically on their ability to imitate and innovate new technologies. Toward this end, developing economies have access to three avenues of technological advance: technology transfer, domestic R&D, and foreign direct investment. This paper examines the contributions of each of these avenues, as well as their interactions, to productivity and knowledge production within Chinese industry. Based on a large data set for China's large and medium-size enterprises, the estimation results show that technology transfer - whether domestic or foreign - affects productivity only through its interactions with in-house R&D. Foreign direct investment does not appear to facilitate the adoption of market-mediated foreign technology transfer. Firms wishing to produce patentable knowledge do not benefit from technology transfer; patentable knowledge is created exclusively through in-house R&D operations.
... Firms can benefit from innovation by enhancing their future performance through several key mechanisms. First, engaging in innovative activities gradually strengthens firms' absorptive capacity, facilitating the accumulation of technical knowledge and experience (Hu, Jefferson, & Jinchang, 2005). A rich history of innovation fosters the development of high-quality, technologically advanced products, increasing firms' competitiveness and profitability. ...
January 2011
Review of Economics and Statistics
... EEG studies tend to look at how the relatedness properties of technology flows affect regional diversification, while the directions of flows are often overlooked. The development economist Hirschman (1958) proposed the polarization-trickle effect to explain the economic interaction and influence between developed and less developed regions. In the early stage of development, the developed regions produced a siphon effect on the less developed regions. ...
June 2003
SSRN Electronic Journal
... As the patent transfer is path-dependent, patent transfer refers to the R&D base as its prerequisite. According to the resource-based theory, the performance of an organisation is decided by the unique, immobile, and hard-to-replicate tangible and intangible resources within the organisation, which are the source of lasting competitive advantages for enterprises (Hu, Jefferson, and Jinchang 2005). The economies that benefited most from the patent transfer-in process relied heavily on science and technology training investments to strengthen the region's absorptive capacity (Mowery and Oxley 1995). ...
February 2005
Review of Economics and Statistics