The aim of this paper is to examine technology transfer through backward linkages between multinational enterprises and local suppliers. This issue is of great interest for several reasons. First of all, the new theory of economic growth suggests that technological innovations are becoming an...

During the recent period, many countries compete with each other to attract foreign investment. When MNCs invest in a host country, it is assumed that a part of their technology spills to the host country firms. But empirical studies on spillover effects of FDI have failed to find robust...

We estimate international technology spillovers to U.S. manufacturing firms via imports and foreign direct investment (FDI) between 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to substantial productivity gains for domestic firms. The size of FDI spillovers is...

This paper examines the importance of agglomeration economies and institutions vis-a-vis initial conditions and factor endowments in explaining the locational choice of foreign investors. Using a unique panel data set for 25 transition economies between 1990 and 1998, we find that the main...

The paper attempts to explore the technology spillover effects of Foreign Direct Investment (FDI) in Indian manufacturing industries across different selected clusters in India. To measure the spillover effect to domestic firms in a particular cluster, a model is used that combines an innovative...

The literature on technology spillovers, from international trade and Foreign Direct Investment (FDI) to the Visegrad four, brings forward mixed results and leads to contradictory conclusions. This study investigates the effect of international business activity on Visegrad's group labour...

This study aims to investigate the effect of international business to productivity levels of members of the Investment Compact (IC) programme – an initiative under the umbrella of stability pact for South Eastern Europe (SEE). Although the findings are mixed, they indicate clearly the limited...