01982cas a2200277 a 4500 AALejournalIMF018950 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484385067 1018-5941 BD-DhAAL BD-DhAAL Eugster, Johannes. International Knowledge Spillovers / Johannes Eugster, Giang Ho, Florence Jaumotte, Roberto Piazza. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (37 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students How important is foreign knowledge for domestic innovation outcomes? How is this relation shaped by globalization and the attendant intensification of international competition? Our empirical approach extends the previous literature by analyzing a large panel comprising industries in both advanced and emerging economies over the past two decades. We find that barriers to the domestic diffusion of foreign knowledge have fallen significantly for emerging economies. For all countries, and especially for emerging economies, inflows of foreign knowledge have a growing and quantitatively important impact on domestic innovation. Controlling for the amount of domestic R and D, we find evidence that increases in international competitive pressure at the industry level had a positive effect on domestic innovation outcomes. Mode of access: Internet Ho, Giang. Jaumotte, Florence. Piazza, Roberto. IMF Working Papers; Working Paper ; No. 2018/269 Full text available on IMF http://elibrary.imf.org/view/journals/001/2018/269/001.2018.issue-269-en.xml IMF e-Library