counterparts? (2) Do foreign firms generate spillovers to domestic firms? The estimation technique in this paper takes potential … endogeneity of ownership, spillovers and other factors into account by estimating a fixed effects model using instrumental … spillovers to domestic firms on average. In contrast, on average there are negative spillovers to domestic firms in Bulgaria and …

effects, however, although it is suggested that host country spillovers vary systematically between countries and industries … competition. The spillovers to the home countries of MNCs are often more difficult to identify, for various reasons. Earlier …

of foreign direct investment on domestic plant’s productivity. The results indicate that positive spillovers exist but …

The standard argument says that in the presence of positive spillovers foreign direct investment should be promoted and … subsidized. In contrast, this Paper claims that the very existence of such spillovers may require temporarily restricting and … taxing inward FDI. Our argument in favour of gradual liberalization is based on two stylized features of spillovers: first …

structure in an international joint venture. In contrast to existing arguments, we show that spillovers must not always have … venture is mutually beneficial. Surprisingly, however, we find that despite the prospect of spillovers, a joint venture is …

technology spillovers from FDI (foreign direct investment) on a firm’s productivity growth. Using firm-level panel data on Czech … of R&D in explaining the productivity growth of a firm 2) Technology spillovers from FDI occur for firms that are more R …&D intensive 3) Spillovers from foreign joint ventures are insignificant for Czech manufacturing firms 4) The extent of technology …

between FDI and entrepreneurship; positive spillovers via dissemination of technology or negative because of crowding out. Our …

causes a relocation of R&D activities if intrafirm communication is sufficiently well developed, external spillovers are …