Authors
Bastos,Paulo S. R., Stapleton,Katherine Anne, Taglioni,Daria, Wei,Hannah Yi
- Disclosure Date
- 2024/09/11
- Disclosure Status
- Disclosed
- Doc Name
- Firm Networks and Global Technology Diffusion
- Originating Unit
- Off of Sr VP Dev Econ/Chief Econ (DECVP)
- Pages
- 52
- Published in
- United States of America
- Rel Proj ID
- 1W-Future Of Globalization -- P176113
- Series Name
- Policy Research working paper; PROSPERITY;
- TF No/Name
- TF0B5877-Future of globalization
- Unit Owning
- DECRG: Trade & Intl. Integration (DECTI)
- Version Type
- Final
- Volume No
- 1
Table of Contents
- Introduction 4
- Data and measurement 7
- Online job postings 7
- Identification of new technologies 8
- Industry and region classifications 9
- FactSet data on firm-to-firm relationships 10
- Matching Lightcast job postings to Factset 11
- Measuring technology pioneer locations and additional datasets 12
- Pioneer regions and firms 12
- Distance to pioneer regions and firms 14
- Earnings calls transcripts 14
- Concentration measures 15
- Stylized facts about the global dispersion of new technologies 16
- Technology hiring has become more dispersed across countries and regions over time 16
- Technology hiring is highly concentrated in multinational firms and their supply chains 17
- Technology hiring intensity is higher in richer countries 19
- Geographic proximity matters for the diffusion of technology jobs 20
- Diffusion through multinational supply chains 23
- Empirical specification 24
- Concentration of technology hiring in pioneer locations over time 24
- The role of supply chain linkages to pioneer firms 24
- Results 26
- Diffusion from pioneer firms 26
- Faster diffusion for firms with supply chain linkages 27
- Diffusion through supply chain linkages controlling for distance 28
- Linkages within and outside firm boundaries 29
- Considering multiple linkages 30
- Robustness checks 31
- Studying international linkages only 31
- Excluding pioneers from Silicon Valley 33
- Interacting linkages with affiliates of pioneer firms 34
- Interacting linkages with distance 35
- Technologies that emerged after the Lightcast data start date 36
- Conclusion 38
- Appendix 43
- Lightcast data coverage 43
- Additional Data Processing 45
- Technologies and Keywords 47
- Lightcast-FactSet matching procedure 50
- Pioneer location and industry by technology 52