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dc.contributor.advisorHajzler, Chris
dc.contributor.authorFairbrother, Stefan
dc.date.available2013-07-09T20:48:57Z
dc.date.copyright2013
dc.identifier.citationFairbrother, S. (2013). Foreign Direct Investment and International Knowledge Diffusion: Evidence Using Patent Citation Data (Thesis, Master of Business). University of Otago. Retrieved from http://hdl.handle.net/10523/4126en
dc.identifier.urihttp://hdl.handle.net/10523/4126
dc.description.abstractThis thesis examines the effect of foreign direct investment (FDI) on knowledge diffusion between countries. Standard theory suggests that the extent technological knowledge diffuses across national borders plays an important role in determining long run economic growth and income equality. Because governments of developing countries often compete to attract FDI using tax credits and subsidies, an important question is whether knowledge spillovers are one of the benefits of such policies. To measure knowledge flows, we use all patent citations from the United States Patent and Trademark Office (USPTO), yielding an unbalanced panel of patent citations from 90 countries between the years 1985 to 2010. We model knowledge flows using a gravity framework, and test whether bilateral FDI increases the likelihood that patent applicants in the host country will cite patents originating from the investing country. For developing countries, we find that aggregate FDI inflows have a negative effect on knowledge flows. However, stronger intellectual property rights in the host country stimulate relatively more knowledge flows via FDI and may lead to positive knowledge spillovers in the medium term.
dc.format.mimetypeapplication/pdf
dc.language.isoen
dc.publisherUniversity of Otago
dc.rightsAll items in OUR Archive are provided for private study and research purposes and are protected by copyright with all rights reserved unless otherwise indicated.
dc.subjectpoisson
dc.subjectFDI
dc.subjectpatent
dc.subjectcitations
dc.subjecttechnology
dc.subjectBilateral
dc.subjectKnowledge diffusion
dc.subjectForeign direct investment
dc.subjectknowledge flow
dc.subjectcount data
dc.titleForeign Direct Investment and International Knowledge Diffusion: Evidence Using Patent Citation Data
dc.typeThesis
dc.date.updated2013-07-09T19:48:39Z
dc.language.rfc3066en
thesis.degree.disciplineEconomics
thesis.degree.nameMaster of Business
thesis.degree.grantorUniversity of Otago
thesis.degree.levelMasters
otago.openaccessOpen
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