A large body of literature estimates private returns to R&D adopting the Griliches knowledge production framework which ignores the potential impact of spillovers on consistent estimation. Using a panel of 12 manufacturing industries across ten OECD economies, we investigate whether ignoring...

This paper analyses characteristics of the recent explosion of patent filings by Chinese firms both domestically and in the United States. We construct a firm-level dataset by matching USPTO and SIPO patents to Chinese manufacturing census data for 1999-2006. Using this integrated dataset we...