NATSUDA Kaoru
   Department   Ritsumeikan Asia Pacific University  College of Asia Pacific Studies
   Position   Professor
Language English
Publication Date 2023/09
Type Research paper
Peer Review Peer reviewed
Invitation Invited paper
Title Global Value Chains and Knowledge Spillover to Local Economy in Visegrad 4 Countries
Contribution Type Corresponding
Journal Society and Economy (Journal of the Corvinus University of Budapest)
Journal TypeAnother Country
Publisher AK Publishing (Hungarian Academy of Sciences)
Volume, Issue, Page 45(3),pp.293-312
Authorship Corresponding author
International coauthorship International coauthorship
Author and coauthor Otsuka Kozo, Kaoru Natsuda and Laszlo Csonka
Details This study empirically examined knowledge spillover in Visegrad Four (V4) countries, with an emphasis on global value chains (GVCs). Using patent statistics, this study aimed to estimate the knowledge production function, including domestic and foreign knowledge stocks, and found that international knowledge spillover does not contribute much to the innovation of the local economy in V4 countries because of three factors: i) multinational corporations’ (MNCs) strategy to locate a low-cost production base, ii) MNCs’ strategy to locate supporting (process, production or non-core product related) research and development (R&D) activities and iii) limited technology spillover effect from MNCs to local firms. Local firms in V4 countries became dependent on the peripheral products and technologies provided by MNCs, and as a result, local R&D activities in V4 countries were diverted from patentable innovation.
URL for researchmap https://doi.org/10.1556/204.2023.00010