Why buy what you can get for free? The effect of foreign direct investment on state patent rates

被引：16

作者：

Ford, Timothy C. ^{[2
]}

Rork, Jonathan C. ^{[1
]}

机构：

[1] Georgia State Univ, Dept Econ, Andrew Young Sch Policy Studies, Atlanta, GA 30302 USA

[2] Calif State Univ Sacramento, Dept Econ, Sacramento, CA 95819 USA

来源：

JOURNAL OF URBAN ECONOMICS | 2010年 / 68卷 / 01期

关键词：

State growth; Knowledge spillovers; Foreign direct investment; RESEARCH-AND-DEVELOPMENT; KNOWLEDGE SPILLOVERS; INWARD INVESTMENT; PRODUCTIVITY; AGGLOMERATION; INNOVATION; GROWTH; TECHNOLOGY; PROXIMITY; GEOGRAPHY;

D O I：

10.1016/j.jue.2010.03.001

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Research has shown that foreign direct investment (FDI) encourages economic growth at the state level. We also know that knowledge spillovers, measured via patent counts, contribute to economic growth. Using an instrumental variable approach, this paper demonstrates that FDI increases patent rates in US states, thereby providing a link for the mechanism through which FDI impacts growth. Moreover, we find that FDI in neighboring states has just as strong an impact on patent rates, giving further credence to the notion that knowledge can spill across state borders. (C) 2010 Elsevier Inc. All rights reserved.

引用

页码：72 / 81

页数：10

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