Urata, Shūjirō; Baek, Youngmin - 2022
The paper examines the foreign direct investment (FDI) spillover effects in developing countries and investigates the … importance of the absorptive capacity of a firm and a country in realizing and facilitating FDI spillover. It uses data obtained … countries do not benefit from horizontal FDI but benefit from forward and backward vertical FDI. The study also finds that firms …