{
  "title": "International Technology Sourcing and Knowledge Spillovers: Evidence from OECD Countries",
  "publication": "IMF Working Papers, March 12, 2018",
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  "summary": "How much do firms benefit from foreign R&D and through what channel? We construct a global network of corporate innovation using more than 1.5 million patents granted to firms in OECD countries.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Research question: How much do firms benefit from foreign R&D and through what channel?\n- Approach: Construct a global network of corporate innovation using more than 1.5 million patents granted to firms in OECD countries.\n- Hypothesis tested: The “international technology sourcing” hypothesis—that foreign innovation activities tap into foreign R&D and improve home productivity through knowledge spillovers."
    },
    {
      "heading": "Data and scope",
      "content": "- Data source: Patent-based global network of corporate innovation covering firms in OECD countries.\n- Scale: More than 1.5 million patents.\n- Publication details:\n  - Pages: 38\n  - Volume: 2018\n  - Issue: 051\n  - Series: Working Paper No. 2018/051\n  - DOI: https://doi.org/10.5089/9781484345429.001\n  - Stock No: WPIEA2018051\n  - ISBN: 9781484345429\n  - ISSN: 1018-5941"
    },
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      "heading": "Key findings",
      "content": "- Firms with stronger inventor presence in technology frontier countries benefit disproportionately more from their R&D.\n- The strength of knowledge spillovers depends on the direction of technology sourcing.\n- Knowledge externality is larger for firms in technology frontier countries than for firms in non-frontier countries."
    },
    {
      "heading": "Thematic subjects and keywords",
      "content": "- Subjects: Financial institutions, Financial sector policy and analysis, Production, Productivity, Spillovers, Stocks, Technology, Total factor productivity\n- Keywords: country control, destination country, Firm productivity, frontier country, Global, innovation activity, Knowledge spillovers, Network, OECD country, Patent, production function, Productivity, R&D, source country, Spillovers, Stocks, Total factor productivity, WP\n\nInternational Technology Sourcing and Knowledge Spillovers: Evidence from OECD Countries — IMF Working Paper No. 2018/051\n\n---\n\n Content in this bundle\n\n- wp1851\n  - wp1851 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - wp1851 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2018/03/12/international-technology-sourcing-and-knowledge-spillovers-evidence-from-oecd-countries-45696"
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    "Authors: Sophia Chen, Estelle Dauchy",
    "Published: March 12, 2018",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9781484345429.001",
    "Research question: How much do firms benefit from foreign R&D and through what channel?",
    "Approach: Construct a global network of corporate innovation using more than 1.5 million patents granted to firms in OECD countries.",
    "Hypothesis tested: The “international technology sourcing” hypothesis—that foreign innovation activities tap into foreign R&D and improve home productivity through knowledge spillovers.",
    "Data source: Patent-based global network of corporate innovation covering firms in OECD countries.",
    "Scale: More than 1.5 million patents.",
    "Publication details:",
    "Firms with stronger inventor presence in technology frontier countries benefit disproportionately more from their R&D.",
    "The strength of knowledge spillovers depends on the direction of technology sourcing.",
    "Knowledge externality is larger for firms in technology frontier countries than for firms in non-frontier countries.",
    "Subjects: Financial institutions, Financial sector policy and analysis, Production, Productivity, Spillovers, Stocks, Technology, Total factor productivity",
    "Keywords: country control, destination country, Firm productivity, frontier country, Global, innovation activity, Knowledge spillovers, Network, OECD country, Patent, production function, Productivity, R&D, source country, Spillovers, Stocks, Total factor productivity, WP",
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