Kimino, Satomi; Driffield, Nigel; Saal, David - In: The Multinational Business Review 22 (2014) 2, pp. 176-193
vertically organised keiretsu sectors generates inter-industry spillovers through backward and forward linkages, while FDI within … sectors linked to vertical keiretsu activities adversely affects domestic productivity. Overall, our results suggest that the … role of vertical keiretsu is more prevalent than that of horizontal keiretsu . Originality/value – Japan’s industrial …