Is mobility of technical personnel a source of R&D spillovers?

• 成果类型: Article
• 署名作者: Moen, J
• 署名单位: Norwegian School of Economics (NHH)
• 刊物名称: JOURNAL OF LABOR ECONOMICS
• ISSN/ISSBN: 0734-306X
• DOI: 10.1086/425434
• 发表日期: 2005
• 页码: 81-114
• 关键词: investment; KNOWLEDGE; localization; INNOVATION; ECONOMICS; capture; GROWTH; wages

摘要

Labor mobility is considered to be an important source of knowledge externalities, making it difficult for firms to appropriate returns to research and development (R&D). Interfirm transfers of knowledge embodied in people should be analyzed within a human capital framework. Testing such a framework, I find that the technical staff in R&D-intensive firms pays for the knowledge they accumulate on the job through lower wages early in their career. They later earn a return on these implicit investments through higher wages. This suggests that the potential externalities associated with labor mobility are, at least partially, internalized in the labor market.