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Author:Coe, D.
Helpman, E.
Hoffmaister, A.
Title:North-South R&D spillovers
Journal:Economic Journal
1997 : JAN, VOL. 107:440, p. 134-149
Index terms:ECONOMICS
R&D
RESEARCH
Language:eng
Abstract:The authors examine the extent to which developing countries that do little, if any, research and development themselves benefit from R&D that is performed in the industrial countries. By trading with an industrial country that has a large "stock of knowledge" from its cumulative R&D activities, a developing country can boost its productivity by importing a larger variety of intermediate products and capital equipment embodying foreign knowledge, and by acquiring useful information that would otherwise be costly to obtain.
SCIMA record nr: 158683
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