NATSUDA Kaoru
Department Ritsumeikan Asia Pacific University College of Asia Pacific Studies Position Professor |
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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 Type | Another 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 |