The effect of technology spillovers is widely considered as one of the main channels through which domestic firms benefit from FDI (Foreign Direct Investments), and plays an important role in economic development of host countries. FDI is expected to generate technology spillovers to indigenous...

Purpose–This paper aims to empirically analyze the role of FDI technology spillover effects in the development patterns of ASEAN. Design/methodology/approach–The paper is based on the analytical framework of Borensztein by utilizing time-series data between 1990 and 2008 in ASEAN countries....