Technological Capital, Spillover and Productivity- Evidence from Taiwanese Firm Level Panel Data

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Title:	Technological Capital, Spillover and Productivity- Evidence from Taiwanese Firm Level Panel Data
Authors:	Chen, Jong-rong;Yang,Chih-hai
Contributors:	淡江大學產業經濟學系
Date:	2005-08
Issue Date:	2011-10-15 11:30:29 (UTC+8)
Publisher:	Taylor & Francis
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.
Relation:	Applied Economics 37(20), pp.2361-2371
DOI:	10.1080/00036840500309262
Appears in Collections:	[Graduate Institute & Department of Industrial Economics] Journal Article

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