Kwon, Hyuk-Soo; Lee, Jihong; Lee, Sokbae; Oh, Ryungha - 2017
This paper examines the trends in geographic localization of knowledge spillovers via patent citations, considering US … patents from the period of 1976-2015. Despite accelerating globalization and widespread perception of the \death of distance …," which an instrumental variable estimation shows to be a significant and sizable determinant of the observed trends at the …