directly test the hypothesis that FDI is a channel of knowledge spillovers for Japanese multinationals undertaking direct … investments in the United States. Using an original firm-level data set on Japanese firms' FDI and innovative activity find … evidence that FDI increases the flow of knowledge spillovers both from and to the investing Japanese firms …

We analyze how China's emergence as a destination for foreign direct investment is affecting the ability of other … countries to attract FDI. We do so using an approach that accounts for the endogeneity of China's FDI. The impact turns out to … vary by region. China's rapid growth and attractions as a destination for FDI also encourages FDI flows to other Asian …

ventures in China from 1998 to 2007--roughly a quarter of all international joint ventures in the world--we find, first, that … virtually absent in broad sectors that include economic activities for which China's FDI policy has prohibited joint ventures …