| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4969 |
| DP4969 Information Channels in Labour Markets. On the Resilience of Referral Hiring | |
| Alessandra Casella; Nobuyuki Hanaki | |
| 发表日期 | 2005-03-23 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | Support for many R&D and technology policies relies on empirical evidence that R&D ?spills over? between firms. But there are two countervailing R&D spillovers: positive effects from technology spillovers and negative effects from business stealing by product market rivals. We develop a general framework showing that technology and product market spillovers have testable implications for a range of performance indicators, and exploit these using distinct measures of a firm?s position in technology space and product market space. We show using panel data on US firms between 1981 and 2001 that both technology and product market spillovers operate, but that net social returns are several times larger than private returns. The spillover effects are also revealed when we analyze three high-tech sectors in detail - pharmaceuticals, computer hardware and telecommunication equipment. Using the model we evaluate three R&D subsidy policies and show that the typical focus of support for small and medium firms may be misplaced. |
| 主题 | Industrial Organization |
| 关键词 | Spillovers R&d Market value Patents |
| URL | https://cepr.org/publications/dp4969 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533868 |
| 推荐引用方式 GB/T 7714 | Alessandra Casella,Nobuyuki Hanaki. DP4969 Information Channels in Labour Markets. On the Resilience of Referral Hiring. 2005. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
