Knowledge spillovers through networks of scientists
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11640%2F20%3A00531208" target="_blank" >RIV/00216208:11640/20:00531208 - isvavai.cz</a>
Result on the web
<a href="https://doi.org/10.1093/restud/rdz033" target="_blank" >https://doi.org/10.1093/restud/rdz033</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1093/restud/rdz033" target="_blank" >10.1093/restud/rdz033</a>
Alternative languages
Result language
angličtina
Original language name
Knowledge spillovers through networks of scientists
Original language description
In this article, I directly test the hypothesis that interactions between inventors of different firms drive knowledge spillovers. I construct a network of publicly traded companies in which each link is a function of the relative proportion of two firms’ inventors who have former patent collaborators in both organizations. I use this measure to weigh the impact of R&D performed by each firm on the productivity and innovation outcomes of its network linkages. An empirical concern is that the resulting estimates may reflect unobserved, simultaneous determinants of firm performance, network connections, and external R&D. I address this problem with an innovative IV strategy, motivated by a game-theoretic model of firm interaction. I instrument the R&D of one firm’s connections with that of other firms that are sufficiently distant in network space. With the resulting spillover estimates, I calculate that among firms connected to the network the marginal social return of R&D amounts to approximately 112% of the marginal private return.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
—
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Review of Economic Studies
ISSN
0034-6527
e-ISSN
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Volume of the periodical
87
Issue of the periodical within the volume
4
Country of publishing house
GB - UNITED KINGDOM
Number of pages
30
Pages from-to
1989-2018
UT code for WoS article
000579087500012
EID of the result in the Scopus database
2-s2.0-85089430186