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Publications

"Is Foreign Direct Investment a Channel of Knowledge Spillovers? Evidence from Japan’s FDI in the United States," forthcoming in the Journal of International Economics.

"Do Stronger Intellectual Property Rights Increase International Technology Transfer? Empirical Evidence from U.S. Firm-Level Panel Data," (with Raymond Fisman and C. Fritz Foley), forthcoming in the Quarterly Journal of Economics .

"Do Stronger Patents Induce More Local Innovation?" forthcoming in the Journal of International Economic Law. This article will also be reproduced in Keith Maskus and Jerome Reichman, eds., International Public Goods and Transfer of Technology Under a Globalized Intellectual Property Regime, Cambridge University Press.

"Has Japan’s Innovative Capacity Declined?" with Yoshiaki Nakamura (Ministry of Economy, Trade, and Industry; Government of Japan), in Anil Kashyap, Jenny Corbett, Magnus Blomstrom, and Fumio Hayashi, (eds.), Structural Impediments to Growth in Japan, 2003, University of Chicago Press and NBER.

"Measuring the Impact of U.S. Research Consortia," with Mariko Sakakibara (UCLA), Managerial and Decision Economics, vol. 24, Spring 2003, pp. 51-69.

"Trade and Foreign Direct Investment in China: A Political Economy Approach," with Robert Feenstra (UC-Davis), Journal of International Economics, vol. 58, no. 2, December 2002, pp. 335-358.

"When Do Research Consortia Work Well and Why? Evidence from Japanese Panel Data," with Mariko Sakakibara (UCLA), American Economic Review vol. 92, no. 1, March 2002, pp. 143-159.

"Do Stronger Patents Induce More Innovation," with Mariko Sakakibara (UCLA), RAND Journal of Economics, vol. 32, no. 1, Spring 2001, pp. 77-100.

"Are Knowledge Spillovers International or Intranational in Scope?  Microeconometric Evidence from the United States and Japan," published in the Journal of International Economics, February 2001.

"Vertical Keiretsu and Knowledge Spillovers in Japanese Manufacturing: An Empirical Assessment," Journal of the Japanese and International Economies, vol. 14, June 2000, pp. 73-104.

"Japanese Research Consortia: A Microeconometric Analysis of Industrial Policy," with Mariko Sakakibara (UCLA), Journal of Industrial Economics, vol. 46, no. 2, June 1998, pp. 207-233.

"Looking for International Knowledge Spillovers: A Review of the Literature with Suggestions for New Approaches," Annales d’Economie et de Statistique No. 49/50, 1998, pp. 517-540. Reprinted in D. Encaoua et. al., (eds.), The Economics and Econometrics of Innovation, Kluwer Academic Publishers, 2000.

"Foreign Direct Investment and R&D Spillovers: Is There a Connection?" in Takatoshi Ito and Anne Krueger, (eds.) The Role of Foreign Direct Investment in East Asian Economic Development, NBER and University of Chicago Press, 2000.

"Does Cash Flow Cause Investment and R&D? An Exploration Using Panel Data from French, Japanese, and United States Scientific Firms," with Bronwyn Hall (UC-Berkeley), Jacques Mairesse (EHESS and CREST, Paris), and Bruno Crepon, (INSEE), in David Audretsch and Roy Thurik, (eds.) Innovation, Industry Evolution, and Employment, Cambridge University Press, 1999.

"New Business Investment Company: October 1997," with Joshua Lerner (HBS) and Takeshi Nakabayashi (NBI), Harvard Business School Case No. N9-299-025, 1999.

"China’s Changing Role in East Asia and the World Economy," (in Japanese), in MITI Research Review, vol. 14, March 2000, pp. 98-121.

"Technology Spillovers in Production Keiretsu," (in Japanese) in Financial Review vol. 46, Special Issue "Human Investment and R&D," July 1998, pp. 72-86.

Working Papers

Is Academic Science Driving a Surge in Industrial Innovation? Evidence from Patent Citations, January 2003.