Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/25700
Authors: 
Antony, Jürgen
Grebel, Thomas
Year of Publication: 
2008
Series/Report no.: 
Jena economic research papers 2008,016
Abstract: 
In this paper we highlight the importance of technology flows between sec- tors and their impact on the labor productivity of large-scale corporations. Based on theoretical considerations, we explore technological spillovers between the sectors of an economy. Large-scale corporations usually focus on certain sec- tors but make use of a wide range of technological knowledge from other sectors. Thereby, technological knowledge built up in sectors by continuous R&D ac- tivities does not spill over without bounds but is directed by firms' absorptive capacities. We use firms' patent portfolio to empirically calculate the sector af- filiation and therewith the firms' absorptive capacities in order to estimate the impact of technology diffusion on labor productivity. Fortune 500 firms serve as data base.
Subjects: 
Technology Flows
Spillovers
Firm Productivity
JEL: 
O33
O14
Document Type: 
Working Paper

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