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We examine the effect of foreign direct investment (FDI) on local firms’ productivity via human capital transfer from … from MNEs due to the Republic of Korea’s visa regulations. We find that the industry and regional FDI positively affect … spillover from FDI is also more pronounced in high R&D-intensive industries. Our results are robust with various measures of …
Persistent link: https://www.econbiz.de/10013492204
foreign ownership and plant productivity. To control for the possible endogeneity of the FDI decision, a difference …
Persistent link: https://www.econbiz.de/10014065421
It is often argued that multinationals are reluctant to transfer technology due to the fear of spillovers. We show that this need not be the case if host country policies like taxation are taken into account. Furthermore, we examine the incentives the multinational and the host country have to...
Persistent link: https://www.econbiz.de/10010366560
Technology is a key element for long-term growth and economic development. Given the stark concentration of innovation activities in a few countries most countries have to rely on the international diffusion of newly developed technologies. Some countries may fail to successfully perform the...
Persistent link: https://www.econbiz.de/10011374310
We develop a model in which multinational investors decide about the modes of organization, the locations of production, and the markets to be served. Foreign investments are driven by market-seeking and cost-reducing motives. We further assume that investors face costs of control that vary...
Persistent link: https://www.econbiz.de/10003368141
country, China seems to build its capabilities for technology and innovation through foreign direct investment (FDI) by … of FDI mainly from spillovers and no obvious technology transfers are made directly from multinational corporations. The … results also suggest a key role of an industry’s absorptive capability in capturing potential benefits from FDI. …
Persistent link: https://www.econbiz.de/10005005784
This paper studies the effect of technology spillovers on the entry decision of a multinational enterprise into a foreign market. Two alternative entry modes for a foreign direct investment are considered: Greenfield investment versus acquisition. We find that with quantity competition a...
Persistent link: https://www.econbiz.de/10010440961
We develop a model in which multinational investors decide about the modes of organization, the locations of production, and the markets to be served. Foreign investments are driven by market-seeking and cost-reducing motives. We further assume that investors face costs of control that vary...
Persistent link: https://www.econbiz.de/10010366525
suggests that there is a lack of coordination between R&D policy and technology transfer (FDI, trade and industrial policy …
Persistent link: https://www.econbiz.de/10012389300
suggests that there is a lack of coordination between R&D policy and technology transfer (FDI, trade and industrial policy …
Persistent link: https://www.econbiz.de/10012141179