Damijan, Joze P.; Rojec, Matija; Majcen, Boris; Knell, Mark - LICOS Centre for Institutions and Economic Performance, … - 2008
This paper presents a comparative study of the importance of direct technology transfer and spillovers through FDI on a … interesting results which contrast with the previous empirical work in the field. We find that horizontal spillovers have become … increasingly important over the last decade, and they may even become more important than vertical spillovers. Furthermore, this …