"SPILLOVERS" AND PRODUCTIVITY: THE CASE OF THE TAIWANESE HIGH-TECH FIRMS |
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| Authors: | YANLING WANG CHIA-WEN CHAO |
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| Institution: | Wang:;Assistant Professor, The Norman Paterson School of International Affairs, Carleton University, 1125 Colonel By Drive, Ottawa, ON, Canada K1S 5B6. Phone 613-520-2600 and 613-823-6318, Fax 613-520-2889, E-mail
Chao:;Graduate Institute of Technology and Innovation Management, National Chengchi University, Taipei, Taiwan and Chung-Hua Institution for Economic Research, 75 Chang-Hsing Street, Taipei 106, Taiwan. E-mail |
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| Abstract: | In this paper, we first estimate firms' total factor productivity by differentiating marginal contributions to firms' production from various types of workers, grouped by their highest educational attainments. Second, we investigate whether there are human capital as well as research and development (R&D) spillovers across firms. Using data for 72 Taiwanese high-tech firms, we find (a) more educated workers are more productive: workers with master's (bachelor's) degrees are at least three times (two times) as productive as high school–graduated ones, (b) human capital and R&D spillovers are substantial across firms, and (iii) smaller firms tend to benefit more from R&D spillovers. ( JEL D24, I21, O3) |
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