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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 …
Persistent link: https://www.econbiz.de/10003465722
The aim of this paper is to evaluate the causal effect of foreign acquisition on R&D intensity in targeted domestic firms. We are able to distinguish domestic multinationals and nonmultinationals, which allows us to investigate the fear that the change in ownership of domestic to foreign...
Persistent link: https://www.econbiz.de/10009153574