Citation

Discussion Paper Details

Please find the details for DP2337 in an easy to copy and paste format below:

Full Details

Title: Importance of International Linkages for Local Know-How Flows: Some Econometric Evidence From Belgium

Author(s): Bruno Cassiman and Reinhilde Veugelers

Publication Date: December 1999

Keyword(s): Access To International Know-How, Local Transfers Of Know-How, Multinationals and Technology Transfer Channels

Programme Area(s): Industrial Organization and International Trade and Regional Economics

Abstract: External knowledge is an important input for the innovation process of firms. Increasingly, this knowledge is likely to originate from outside of their national borders. This explains the preoccupation of policymakers with stimulating local technology transfers coming from international firms. We find that firms that have access to the international technology market are more likely to transfer technology to the local economy. In doing so, we qualify the traditional assertion that multinational firms are more likely to transfer technology to the local economy. Once controlled for the superior access to the international technology market that multinationals enjoy, we find that these firms are not more likely to transfer technology to the local economy compared to exporting or local firms that have access to the international technology market. In summary, the main result of this paper is that it is not so much the international character of the firms, but rather their access to the international technology market that is important for generating external knowledge transfers to the local economy.

For full details and related downloads, please visit: https://cepr.org/active/publications/discussion_papers/dp.php?dpno=2337

Bibliographic Reference

Cassiman, B and Veugelers, R. 1999. 'Importance of International Linkages for Local Know-How Flows: Some Econometric Evidence From Belgium'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=2337