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International R&D Spillovers and Business Service Innovation

Year: 2016

Type: article

Abstract: A major international transmission channel of productivity increases is trade in intermediate products and services. This paper follows existing literature to analyse international spillovers at the industry level, extending the analysis to investigate the importance of spillovers from services sector in this framework. The analysis makes use of newly available data on international input–output linkages between industries. Our results indicate significant positive productivity effects from innovation in knowledge‐intensive, high‐technology business services and confirm the productivity effects from international manufacturing spillovers found in recent literature.

Source: World Economy

DOI: 10.1111/twec.12379

Authors: Johannes Pöschl, Neil Foster‐McGregor, Robert Stehrer

Institutions: Vienna Institute for International Economic Studies, United Nations University – Maastricht Economic and Social Research Institute on Innovation and Technology

Language: English

Topic: Global trade and economics

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: green

Funder: Seventh Framework Programme