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This study presented a comprehensive framework to explain how the knowledge spillover from foreign direct investment (FDI) influences domestic new venture performance. Referring to external (formal and informal institutional distances) and internal (foreign experience and learning orientation)...
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This paper investigates U.S. multinational enterprises (MNEs) as a channel of international technology diffusion in 40 countries over 1966-1994. Data on technology transfer are used to distinguish between the technology diffusion effect and other productivity-enhancing effects of MNEs. The study...
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This paper presents evidence of trade and FDI as conduits for R&D spillovers among industrialized countries. We find that total factor productivity of a country is enhanced significantly by R&D activities of other countries through the channel of capital goods trade; about one third of the benefits...
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