Queries whether developing countries really benefit in terms of technology by attracting multinational enterprises through tax advantages and other benefits. Finds, in the case of Argentina, that a significant technology spillover does not occur automatically, but would require domestic...

This paper seeks to examine the paradox that despite the growing role of FDI in most economies and growth in their share of employment, exports and innovation (‘direct spillovers’), evidence of technological spillovers to domestic firms in the host economy (‘indirect spillovers’) is...

It is nowadays generally accepted that inward foreign direct investment (FDI) is crucial as a source of technological spillovers. One of the objectives of this paper is to review the evidence on the quantity and quality of human capital employed by domestic and foreign firms. We examine whether...