Technological knowledge, spillover and productivity: Evidence from Taiwanese firm level panel data

Jong Rong Chen; Chih Hai Yang

doi:10.1080/00036840500309262

Technological knowledge, spillover and productivity: Evidence from Taiwanese firm level panel data

Jong Rong Chen
, Chih Hai Yang

Research output: Contribution to journal › Article › peer-review

27 Scopus citations

Abstract

Using a panel data on Taiwanese manufacturing firms from 1990-1997, this study investigates the relationship among technological knowledge, spillover and productivity. In addition to R&D stock, we also employ patent counts to construct the output-side indicators of knowledge and spillover to explore the relationship between knowledge and productivity. We find a very significant contribution of R&D, patents and spillover stock to productivity. In addition, the magnitude of the patent stock coefficient is substantially larger than that estimated by R&D stock. Our results imply that innovative activity investment has been very productive in increasing output for Taiwanese manufacturing firms in the 1990s.

Original language	English
Pages (from-to)	2361-2371
Number of pages	11
Journal	Applied Economics
Volume	37
Issue number	20
DOIs	https://doi.org/10.1080/00036840500309262
State	Published - 10 Nov 2005

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title = "Technological knowledge, spillover and productivity: Evidence from Taiwanese firm level panel data",

abstract = "Using a panel data on Taiwanese manufacturing firms from 1990-1997, this study investigates the relationship among technological knowledge, spillover and productivity. In addition to R\&D stock, we also employ patent counts to construct the output-side indicators of knowledge and spillover to explore the relationship between knowledge and productivity. We find a very significant contribution of R\&D, patents and spillover stock to productivity. In addition, the magnitude of the patent stock coefficient is substantially larger than that estimated by R\&D stock. Our results imply that innovative activity investment has been very productive in increasing output for Taiwanese manufacturing firms in the 1990s.",

author = "Chen, \{Jong Rong\} and Yang, \{Chih Hai\}",

note = "Funding Information: Financial support provided by Taiwan National Science Council through grant NSC 89-2415-H-008-007 and by the Ministry of Education program for promoting academic excellence of universities under the grant number 91-H-FA07-1-4-A3 is gratefully acknowledged.",

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T1 - Technological knowledge, spillover and productivity

T2 - Evidence from Taiwanese firm level panel data

AU - Chen, Jong Rong

AU - Yang, Chih Hai

N1 - Funding Information: Financial support provided by Taiwan National Science Council through grant NSC 89-2415-H-008-007 and by the Ministry of Education program for promoting academic excellence of universities under the grant number 91-H-FA07-1-4-A3 is gratefully acknowledged.

PY - 2005/11/10

Y1 - 2005/11/10

N2 - Using a panel data on Taiwanese manufacturing firms from 1990-1997, this study investigates the relationship among technological knowledge, spillover and productivity. In addition to R&D stock, we also employ patent counts to construct the output-side indicators of knowledge and spillover to explore the relationship between knowledge and productivity. We find a very significant contribution of R&D, patents and spillover stock to productivity. In addition, the magnitude of the patent stock coefficient is substantially larger than that estimated by R&D stock. Our results imply that innovative activity investment has been very productive in increasing output for Taiwanese manufacturing firms in the 1990s.

AB - Using a panel data on Taiwanese manufacturing firms from 1990-1997, this study investigates the relationship among technological knowledge, spillover and productivity. In addition to R&D stock, we also employ patent counts to construct the output-side indicators of knowledge and spillover to explore the relationship between knowledge and productivity. We find a very significant contribution of R&D, patents and spillover stock to productivity. In addition, the magnitude of the patent stock coefficient is substantially larger than that estimated by R&D stock. Our results imply that innovative activity investment has been very productive in increasing output for Taiwanese manufacturing firms in the 1990s.

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VL - 37

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JO - Applied Economics

JF - Applied Economics

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ER -

Technological knowledge, spillover and productivity: Evidence from Taiwanese firm level panel data

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