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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w17100 |
来源ID | Working Paper 17100 |
International Business Travel: An Engine of Innovation? | |
Nune Hovhannisyan; Wolfgang Keller | |
发表日期 | 2011-05-26 |
出版年 | 2011 |
语种 | 英语 |
摘要 | While it is well known that managers prefer in-person meetings for negotiating deals and selling their products, face-to-face communication may be particularly important for the transfer of technology because technology is best explained and demonstrated in person. This paper studies the role of short-term cross-border labor movements for innovation by estimating the recent impact of U.S. business travel to foreign countries on their patenting rates. Business travel is shown to have a signi...cant e¤ect up and beyond technology transfer through the channels of international trade and foreign direct investment. On average, a 10% increase in business travel leads to an increase in patenting by about 0.2%, and inward business travel is about one fourth as potent for innovation as domestic R&D spending. We show that the technological knowledge of each business traveler matters by estimating a higher impact for travelers that originate in U.S. states with substantial innovation, such as California. This study provides initial evidence that international air travel may be an important channel through which cross-country income di¤erences can be reduced. |
主题 | International Economics ; International Factor Mobility ; Labor Economics ; Unemployment and Immigration ; Development and Growth ; Innovation and R& ; D |
URL | https://www.nber.org/papers/w17100 |
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/574775 |
推荐引用方式 GB/T 7714 | Nune Hovhannisyan,Wolfgang Keller. International Business Travel: An Engine of Innovation?. 2011. |
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 | ||
w17100.pdf(336KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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