How new technologies travel: Evidence from global firm networks
Frontier innovation may start at home, but new technologies tend to spread across borders through firm-to-firm networks. Using more than 500 million online job postings linked to global firm-to-firm data, this column reports on how 29 new technologies diffused across 17 advanced economies between 2014 and 2022. The data show that geography and income shape cross-country technology diffusion, but also that new technologies spread internationally among firms linked to technology pioneers through buyer relationships and innovation partnerships.
