Girma, Sourafel; Gong, Yundan; Görg, Holger - C.E.P.R. Discussion Papers - 2006
We investigate whether inward FDI, either at the firm or industry level, has any impact on product innovation by … 1999 to 2003. Our results show that foreign capital participation is associated with higher innovative activity. Inward FDI … in the sector has a negative effect on innovative activity in SOEs. However, there is a positive effect of FDI on SOEs …