Knowledge Spillovers Through Human Mobility Across National Borders : Evidence from Zhongguancun Science Park in China

@inproceedings{Liu2015KnowledgeST,
  title={Knowledge Spillovers Through Human Mobility Across National Borders : Evidence from Zhongguancun Science Park in China},
  author={Xiaohui Liu and Jiangyong Lu and Mike Wright},
  year={2015}
}
This paper investigates the impact of returnee entrepreneurs and their knowledge spillovers on innovation in high-tech firms in China. Using panel data for 1,318 high-tech firms in Beijing Zhongguancun Science Park (ZSP) we find that returnee entrepreneurs create a significant spillover effect that promotes innovation in other local high-tech firms. The extent of this spillover effect is positively moderated by the non-returnee firm’s absorptive capacity approximated by the skill level of… CONTINUE READING