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Title: Importance of international linkages for local know-how flows. Some econometric evidence from Belgium
Authors: Veugelers, Reinhilde
Cassiman, Bruno
Issue Date: 2000
Publisher: Universitat Pompeu Fabra
Series Title: Economics and Business Working Paper 434 pages:1-16
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 the superior access to the international technology market that multinationals enjoy has been controlled for, 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
Publication status: published
KU Leuven publication type: IR
Appears in Collections:Department of Managerial Economics, Strategy and Innovation (MSI), Leuven

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