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Recent research on productivity spillovers from affiliates of multinational corporations in developing and emerging … transmitting productivity spillovers. This finding has important policy implications, given that host economy governments often … dissemination, and the materialization of productivity spillovers among domestic firms. These findings are used to identify the main …
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"Globalization brings opportunities and pressures for domestic firms in emerging markets to innovate and improve their competitive position. Using data on firms in 27 transition economies, the authors test for the effects of globalization through the impact of increased competition and foreign...
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