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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...
Persistent link: https://www.econbiz.de/10013256491
We examine the effect of foreign direct investment (FDI) on local firms’ productivity via human capital transfer from multinational enterprises (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’...
Persistent link: https://www.econbiz.de/10013492204
A new wave of innovation is beginning to disrupt industry on a global scale. It constitutes a tremendous opportunity for faster productivity growth, but also a potential disruption to a number of economic sectors and to job markets. Academic research and the public debate have focused mostly on...
Persistent link: https://www.econbiz.de/10011809882
The wave of digital-industrial innovation which begins to disrupt vast sectors of the global economy has fueled fear of a potential adverse impact on jobs and wages. This paper argues that digitalindustrial innovations make human capital more important than ever and the focus needs to shift to...
Persistent link: https://www.econbiz.de/10011869165
In this paper we consider relationship between foreign direct investment (as one of the mechanisms of technological development) and long-term economic growth. In the beginning we discuss the role of FDI in the increase of total factor productivity from the viewpoint of endogenous growth theory....
Persistent link: https://www.econbiz.de/10011399014
significantly positively correlated to either sectoral skill intensity or information technology intensity. The results from the …
Persistent link: https://www.econbiz.de/10011435149
significantly positively correlated to either sectoral skill intensity or information technology intensity. The results from the …
Persistent link: https://www.econbiz.de/10011494528
Innovation processes within corporations increasingly tap into international technology sources, yet little is known … types of international technology sourcing activities using survey information on German companies complemented with … German firms to better tap into US R&D, but cooperation with customers and competitors does not appear to aid technology …
Persistent link: https://www.econbiz.de/10009538027
The firm's stock of human capital is an important determinant of its ability to innovate. As such, any increase in this stock through firm-sponsored training might lead to more innovation. We test this hypothesis using detailed data on firms' human capital investments and innovation performance,...
Persistent link: https://www.econbiz.de/10010409776
We provide new insights into the role of individual inventors in innovation. We focus our analysis on prolific inventors in China, Japan, Korea and Taiwan. We analyse patents issued by the U.S. Patent and Trademark Office to thousands of inventors from those countries between 1975 and 2010 to...
Persistent link: https://www.econbiz.de/10013100298