Cross-Region Knowledge Spillovers and Total Factor Productivity: European Evidence Using a Spatial Panel Data Model

Technology Spillovers and International Borders: A Spatial Econometric Analysis

“…The study was conducted without incorporating the spatial dimension of the countries but gives important evidence of the existence of spillovers. Fischer, Scherngell, and Reismann (2007) analyzed the effect of interregional knowledge on the TFP for the panel of 203 EU regions during the period 1997-2002. They used random effect panel data with a spatial error model.…”

“…Many studies have shown that the innovation in a particular region is not only affected by the innovation in that region but also the innovations in its neighboring regions (for detail, see Fischer, Scherngell, and Jansenberger 2006;LeSage and Fischer 2012;Fischer, Scherngell, and Reismann 2007).…”

“…Therefore, we use patent counts as a proxy for the knowledge or innovation stocks as they are more closely related to the stock of knowledge than R&D expenditures (see Robbins 2006;Fischer, Scherngell, and Jansenberger 2006;Fischer, Scherngell, and Reismann 2007). The patents data were derived from the EPO, which provides information on the inventor's share, his or her name, and address, the company or institution to which property rights have been assigned, citations to previous patents, and a description of the device.…”

“…Some recent studies have focused on spillover across firms (see Fischer, Scherngell, and Jansenberger (2006), Los and Verspagen (2000), Griliches and Mairesse (1983)) and spillover across industries (see Scherngell, Fischer, and Reismann 2007;Verspagen 1997;Goto and Suzuki 1989;Griliches and Lichtenberg 1984). Most of the earlier empirical studies have ignored neighborhood effect but some recent studies have analyzed it in detail (see LeSage and Fischer 2012;Fischer, Scherngell, and Reismann 2007;Scherngell, Fischer, and Reismann 2007;Bottazzi and Peri 2003;Elhorst 2003;Bottazzi and Peri 2000). These studies have shown that geographic location does matter in terms of regional growth performance.…”

Foreign direct investment among developing markets and its technological impact on host: Evidence from spatial analysis of Chinese investment in Africa

“…For a panel of OECD countries, Madsen (2007) finds that knowledge spillovers are an important contributing factor to total factor productivity convergence within the group. Both Fischer et al (2007) and Elhorst (2010) investigate the spatial aspect of technology and find that a region's TFP depends not only on its own knowledge capital, but also on cross-regional knowledge. Elhorst (2010) finds that the latter factor may even be more important than the former.…”