Is FDI the most important source of international technology transfer? Panel Data evidence from the UK

Mayanja, Abubaker B. (2003): Is FDI the most important source of international technology transfer? Panel Data evidence from the UK.

Abstract

This study examines the different sources of international technology transfer to 205 UK industries in a panel running from 1979-1991. FDI is found to be more important than trade in the transfer of knowledge to UK industries. The estimated elasticities have a range; in the static model that looks at the long run relationship between FDI and value added the estimated elasticity is 0.24.

• Item Type: MPRA Paper
• Institution: University of Leicester
• Language: English
• Keywords: Panel Data; FDI; technology transfer; spillovers
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O33 - Technological Change: Choices and Consequences ; Diffusion Processes

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