Aghion, Philippe ORCID: 0000-0002-9019-1677, Bergeaud, Antonin, Gigout, Timothee, Lequien, Matthieu and Malitz, Marc (2023) Exporting ideas: knowledge flows from expanding trade in goods. CEP Discussion Papers (CEPDP1960). London School of Economics and Political Science. Centre for Economic Performance, London, UK.
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Abstract
We examine the effect of entry by French firms into a new export market on the dynamics of their patents' citations received from that destination. Applying a difference-in-differences identification strategy with a staggered treatment design, we show that: (i) entering a new foreign market has a significant impact on the long-run flow of citations; (ii) the impact is mostly driven by the extensive margin; (iii) inventors in destination countries patent mostly in products that do not directly compete with those of the exporting firm; (iv) the spillover intensity decreases with the technological distance between the exporting firm and the destination.
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