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Erscheinungsjahr: 
2008
Schriftenreihe/Nr.: 
Jena Economic Research Papers No. 2008,016
Verlag: 
Friedrich Schiller University Jena and Max Planck Institute of Economics, Jena
Zusammenfassung: 
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.
Schlagwörter: 
Technology Flows
Spillovers
Firm Productivity
JEL: 
O33
O14
Dokumentart: 
Working Paper

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