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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w27828 |
来源ID | Working Paper 27828 |
Fencing Off Silicon Valley: Cross-Border Venture Capital and Technology Spillovers | |
Ufuk Akcigit; Sina T. Ates; Josh Lerner; Richard R. Townsend; Yulia Zhestkova | |
发表日期 | 2020-09-21 |
出版年 | 2020 |
语种 | 英语 |
摘要 | The treatment of foreign investors is a contentious topic in U.S. entrepreneurship policy. We model a setting where foreign corporate investments in Silicon Valley may allow U.S. entrepreneurs to pursue technologies that they could not otherwise, but may also lead to knowledge spillovers. We show that despite the benefits from such inbound investments for U.S. firms, it may be optimal for the U.S. government to raise their costs to deter investments. Using as comprehensive as possible a sample of investments by foreign corporate investors in U.S. startups, we find evidence consistent with the presence of knowledge spillovers to foreign investors. |
主题 | Financial Economics ; Financial Institutions ; Development and Growth ; Innovation and R& ; D |
URL | https://www.nber.org/papers/w27828 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/585500 |
推荐引用方式 GB/T 7714 | Ufuk Akcigit,Sina T. Ates,Josh Lerner,et al. Fencing Off Silicon Valley: Cross-Border Venture Capital and Technology Spillovers. 2020. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w27828.pdf(1183KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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