@TechReport{iza:izadps:dp3417, author={Dowrick, Steve and Tani, Massimiliano}, title={International Business Visits and the Technology Frontier}, year={2008}, month={Mar}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={3417}, url={https://www.iza.org/publications/dp3417}, abstract={This paper studies the impact of international business trips on the stock of knowledge available to an economy. It develops a theoretical model to analyse the possible effects, and presents an empirical application using productivity data for a panel of twelve Australian industries during 1991/2-2005/6. Business trips emerge as a significant source of productivity growth. As the knowledge transferred through business visits is non-rival, both countries of origin and destination can gain from the human capital of travellers. As a result, even countries traditionally disadvantaged by geography, size, or level of economic development have the opportunity to access the latest technology and information to stimulate growth.}, keywords={business trips;face-to-face meetings;international labour movements;growth;productivity}, }