【Yaichi Aoshima】Assessing international knowledge spillovers from government funded R&D: evidence from Japanese national projects
▶Category： Article ▶Author：Takada, Naoki：Yaichi Aoshima：Kazunari Matsushima：Akira Izumi ▶Institution：International Journal of Technology Management ▶Volume：Vol.99 ▶Number：No.1-2 ▶Page：pp. 127-146 ▶Date：2026/02/25 ▶Article Title：Assessing international knowledge spillovers from government funded R&D: evidence from Japanese national projects ▶Abstract：This study investigates international knowledge spillovers arising from government-funded R&D projects (GFPs). While GFPs are often justified by their domestic benefits, their international effects remain less clear. We posit that GFPs amplify international spillovers by signalling technological promise: government selection legitimises priority fields and attracts foreign attention. Using patent data from Japanese GFPs and a matched sample of private R&D, we find that GFPs’ patents receive significantly more international forward citations, especially when projects are highlighted in national budget…