relationships between product diversification, business group affiliation and firm performance in two major economies in Asia. India … Rumelt (1974) implicitly assumed that the diversification-performance relationship is consistent, regardless of the macro … macroeconomic environments. Further, studies linking diversification with firm performance have been carried out mainly in …

or sector, it is their productivity advantage on the local firm to determine the positive effect on domestic productivity … significant and robust Veblen-Gerschenkrion effect. The initial total factor productivity advantage of MNEs on local firm acts as … a stimulus for productivity growth of local firms in the same region. …

lead to export diversification of developing countries if it positively affects the export-intensity of the non …-traditional export sector. Indirectly, FDI may encourage export diversification by spillover effects on the exportintensity of domestic … show that FDI from U.S. has led to diversification of India's exports both directly as well as indirectly. However …

-specific linkages using data for Swedish manufacturing firms over the 1997 to 2007 period. First, we investigate the productivity … ordering with respect to importing, exporting and investing abroad. Second, we investigate the productivity ordering with … respect to linkage complexity (i.e. the number of linkages at firm level). Our findings support a general productivity …