International business visits and the technology frontier

Arbeitspapier

This paper studies the impact of international business trips on the stock of knowledge available to an economy. It develops a theoretical model to analyse the possible effects, and presents an empirical application using productivity data for a panel of twelve Australian industries during 1991/2-2005/6. Business trips emerge as a significant source of productivity growth. As the knowledge transferred through business visits is non-rival, both countries of origin and destination can gain from the human capital of travellers. As a result, even countries traditionally disadvantaged by geography, size, or level of economic development have the opportunity to access the latest technology and information to stimulate growth.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IZA Discussion Papers ; No. 3417

Classification and Topics

• Classification: Wirtschaft
• Subject: International labour movements ; face-to-face meetings ; business trips ; growth ; productivity ; Geschäftsreiseverkehr ; Wissenstransfer ; Verarbeitendes Gewerbe ; Produktivität ; Wirtschaftswachstum ; Internationale Arbeitsmobilität ; Australien

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Dowrick, Steve ; Tani, Massimiliano
• Event: Veröffentlichung
• (who): Institute for the Study of Labor (IZA)
• (where): Bonn
• (when): 2008

Further information

• Handle: http://hdl.handle.net/10419/35154
• URN: urn:nbn:de:101:1-2008040129
• Last update: 10.03.2025, 11:44 AM CET