This paper takes the case of Southeast Asia to examine the role played by multinational corporations (MNCs) in the transfer of knowledge and formation of human capital in FDI host nations. It explores the changing nature of FDI within the region and the diversity of environments in which FDI...

The paper extends the findings of Coe and Helpman (1995) model of R&D spillovers by considering foreign direct investment (FDI) as a channel for knowl- edge spillovers in addition to imports. Deeper insights on the issue are provided by examining inter-relationship between knowledge spillovers...

This study examines the effect of foreign direct investment (FDI) on local firms' productivity via human capital transfer from MNEs to local firms. Using the firm-level data for 2010-2015 from the Republic of Korea, we identify human capital spillovers using local firms' hired permanent foreign...