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This paper analyses the paths of technology development among regions with heterogeneous economic and technological characteristics, focusing on the case of China. It finds that intra-national technology transfer, that is, the technology transfer from technologically advanced provinces to less...
Persistent link: https://www.econbiz.de/10003793516
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Foreign subsidiary performance and market efficiency effects are estimated and confronted in this paper using a rich firm-level panel for Polish manufacturing. Besides estimating total factor productivity, other performance measures are calculated and contrasted such as labor productivity,...
Persistent link: https://www.econbiz.de/10014203071
Technology transfer from foreign firms has been important to economic growth in developing countries. To spur technology transfer, emerging market policymakers often mandate joint ventures (JVs) between foreign and domestic firms. Through knowledge spillovers, JVs should reduce the cost of...
Persistent link: https://www.econbiz.de/10012989022
High technology innovators and investors operating in the life sciences, clean energy and information and communication technology sectors face complex economic and legal uncertainties compounded by regulatory and policy risks during the course of guiding an innovative concept from its research...
Persistent link: https://www.econbiz.de/10014188405
This study combines evidence from interviews in seven countries with (i) government institutions responsible for attracting foreign direct investment (FDI), (ii) 102 multinational enterprises (MNEs), and (iii) 226 domestic firms linked to these foreign affiliates as suppliers, customers, or...
Persistent link: https://www.econbiz.de/10011947035
The authors investigated the impact of foreign direct investment on economically developed and developing countries, and also on transition economy countries as far as technology transfer is concerned. The results show a significant foreign direct investment influence on the economic growth of...
Persistent link: https://www.econbiz.de/10011874677
Using a large panel data set for European firms, this paper provides evidence that operations at multinational headquarters are significantly more profitable than perations at their foreign subsidiaries. The effect turns out to be robust and quantitatively large. Our findings suggest that the...
Persistent link: https://www.econbiz.de/10003951763
A developing country may attract foreign direct investment (FDI) for (1) technology transfer that increases local firm profits or for (2) wage premiums that benefit workers. The two never occur together but if the country can attract FDI, it is guaranteed either the technology transfer or the...
Persistent link: https://www.econbiz.de/10012749356
We construct an oligopoly model in which a multinational firm has a superior technology compared to local firms. Workers employed by the multinational acquire knowledge of its superior technology. The multinational may pay a wage premium to prevent local firms from hiring its workers and thus...
Persistent link: https://www.econbiz.de/10014091456