NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

International Trade, Foreign Direct Investment, and Technology Spillovers

Wolfgang Keller

NBER Working Paper No. 15442
Issued in October 2009
NBER Program(s):   EFG   IO   ITI   PR

This paper examines how international flows of technological knowledge affect economic performance across industries and firms in different countries. Motivated by the large share of the world's technology investments made by firms that are active across borders, we focus on international trade and multinational enterprise activity as conduits for technological externalities, or spillovers. In addition to reviewing the recent empirical research on technology spillovers, the discussion is guided by a new model of foreign direct investment, trade, and endogenous technology transfer. We find evidence for technology spillovers through international trade and the activity of multinational enterprises. The analysis also highlights challenges for future empirical research, as well as the need for additional data on technology and innovation.

download in pdf format
   (408 K)

email paper

This paper is available as PDF (408 K) or via email.

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w15442

Published: International Trade, Foreign Direct Investment, and Technology Spillovers, Chapter 19 in B. Hall, N. Rosenberg (eds.), Handbook of the Economics of Innovation, Elsevier North-Holland, 2010

Users who downloaded this paper also downloaded these:
Keller w7509 Geographic Localization of International Technology Diffusion
Feenstra, Lipsey, Branstetter, Foley, Harrigan, Jensen, Kletzer, Mann, Schott, and Wright w16254 Report on the State of Available Data for the Study of International Trade and Foreign Direct Investment
Keller w8573 International Technology Diffusion
Branstetter w8015 Is Foreign Direct Investment a Channel of Knowledge Spillovers? Evidence from Japan's FDI in the United States
Keller and Yeaple w15509 The Gravity of Knowledge
 
Publications
Activities
Meetings
NBER Videos
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us