This study uses micro-data on research and development, and finance of Japanese firms from 1995 to 2005 and examines the effect of knowledge spillover on the performance of firms. Four types of knowledge spillover are estimated and results of quantitative analysis on following the two topics are...

This paper examines the impact of public R&D subsidies on firm's R&D activities using micro-data on Japanese manufacturing firms from 1995 to 2005. We focus on two effects. One is the quantitative impact of whether the public R&D subsidies crowed out firm's own R&D investment or not. The other...

It is noteworthy that the cross-border technology flow has increased rapidly with progress of globalization in recent years. Although the issue on how intellectual property rights (IPRs) affect the international technology flow is of great interest, the empirical study using micro-data is not...

In response to the attention to the innovation which planned economic growth, the government of each country has announced successively the innovation strategy in recent years. The policymaker is asked for arguing regarding the innovation policy which can be equal to globalization currently...