[PDF] Intra Industry Knowledge Spillovers From Foreign Direct Investment In Research And Development eBook

Author : Yasuyuki Todo
Publisher :
Page : 0 pages
File Size : 26,33 MB
Release : 2012
Category :
ISBN :

GET BOOK

This study examines a specific channel of technology diffusion from multinational enterprises to domestic firms in less developed regions: research and development (R&D) activities of multinational enterprises in the host country. Using firm-level panel data from a Chinese science park, known as China's “Silicon Valley,” we find that the R&D stock of foreign-owned firms has a positive effect on the productivity of domestic firms in the same industry, while the capital stock of foreign firms has no such effect. These results suggest that foreign firms' knowledge spills over within industries through their R&D activities, but not through their production activities. In addition, we find no evidence of spillovers from domestic firms or firms from Hong Kong, Macao, or Taiwan, suggesting that the size of knowledge spillovers is larger when the technology gap between source and recipient firms is larger.

Author : Yasuyuki Todo
Publisher :
Page : 34 pages
File Size : 22,75 MB
Release : 2006
Category :
ISBN :

GET BOOK

This study examines whether foreign direct investment generates intra-industry knowledge spillovers to domestically-owned firms, using firm-level panel data from a Chinese science park. Our analysis suggests that the Ramp;D stock of foreign-owned firms has a positive effect on the productivity of domestic firms in the same industry, while the capital stock of foreign firms has no such effect. These results suggest that foreign firms' knowledge spills over within industries through their Ramp;D activities, but not through their production activities. In addition, we find no evidence of spillovers from domestic firms or firms from Hong Kong, Macau, or Taiwan, suggesting that the size of knowledge spillovers is larger when the technology gap between source and recipient firms is larger.

Author : N.S. Siddharthan
Publisher : Springer
Page : 281 pages
File Size : 22,62 MB
Release : 2017-09-20
Category : Business & Economics
ISBN : 981105424X

GET BOOK

This book examines the globalisation of technology and innovation in the modern world. Enterprises globalise in several ways, e.g. by exporting, sourcing components and materials from other countries (B2B commerce), outsourcing, licensing their technologies and production, and foreign direct investments (FDI). Transaction costs and location advantages play a crucial role in selecting the best mode of globalisation. A number of important questions – like what are the pull and push factors contributing to FDI, does outward FDI from a developing country like India contribute to participation in international production networks, and does FDI mitigate business cycle co-movements – keep cropping up in the growing body of knowledge on the globalisation of technology. This book addresses these issues, as well as the consequences of FDI – in particular, with regard to technology, productivity, and R&D spillovers. Issues related to innovations, R&D, intra-industry trade, and knowledge management are also discussed.

Author : Kamal Saggi
Publisher :
Page : 52 pages
File Size : 26,8 MB
Release : 2000
Category : Comercio
ISBN :

GET BOOK

How much a developing country can take advantage of technology transfer from foreign direct investment depends partly on how well educated and well trained its workforce is, how much it is willing to invest in research and development, and how much protection it offers for intellectual property rights.

Author : Lee Branstetter
Publisher :
Page : 52 pages
File Size : 19,91 MB
Release : 2000
Category : Diffusion of innovations
ISBN :

GET BOOK

Recent empirical work has examined the extent to which international trade fosters international spillovers' of technological information. FDI is an alternate, potentially equally important channel for the mediation of such knowledge spillovers. I introduce a framework for measuring international knowledge spillovers at the firm level, and I use this framework to directly test the hypothesis that FDI is a channel of knowledge spillovers for Japanese multinationals undertaking direct investments in the United States. Using an original firm-level data set on Japanese firms' FDI and innovative activity find evidence that FDI increases the flow of knowledge spillovers both from and to the investing Japanese firms.

Author : J. Stephan
Publisher : Springer
Page : 205 pages
File Size : 11,38 MB
Release : 2005-11-28
Category : Business & Economics
ISBN : 0230524486

GET BOOK

Foreign subsidiaries of multinational companies are suggested as one of the main channels of technology transfer to less developed economies. In Central East Europe their presence proved to be a decisive factor to economic restructuring and development. This volume is a unique guide to theory, method of research, and empirical evidence, for technology transfer via foreign subsidiaries of multinational companies. It combines the merits of a core text on technology transfer via FDI with up-to-date empirical evidence.

Author : Magnus Blomstrom
Publisher : Routledge
Page : 84 pages
File Size : 42,80 MB
Release : 2014-05-01
Category : Business & Economics
ISBN : 1317685121

GET BOOK

The spillover effect of multinational companies has, historically, been subject to much debate. The assumption that the host country can be expected to enjoy spillovers – improvements in the balance of payments, in the influx of foreign currency and in other sectors of the economy not directly affected by the multinational – has not necessarily been corroborated in practice. First published in 1989, this book addresses this debate, and the very different conclusions that can be drawn about spillovers. Reporting on significant research on Latin America and drawing comparisons with findings elsewhere, Foreign Investment and Spillovers provides students and researchers with a truly international perspective.

Author : James Ang
Publisher :
Page : 0 pages
File Size : 38,8 MB
Release : 2015
Category :
ISBN :

GET BOOK

This paper examines the importance of the domestic research and development stock and foreign knowledge spillovers on total factor productivity for six Asian miracle economies over the period from 1955 to 2006. The productivity effects of international knowledge spillovers through the following channels are considered: imports, exports, inward foreign direct investment, patents, geographical proximity, and the general channel. The general channel is a transmission mechanism where knowledge spillovers occur automatically and do not pass through any specific channel. The estimates show that knowledge has been transmitted through all the channels considered but that the import channel and the general channel have probably been the most important ones for the Asian miracle economies.

Author : Thomas Farole
Publisher : World Bank Publications
Page : 302 pages
File Size : 21,62 MB
Release : 2014-01-13
Category : Business & Economics
ISBN : 1464801266

GET BOOK

This book presents the results of a groundbreaking study on ‘spillovers’ of knowledge and technology from global value-chain oriented foreign direct investment (FDI) in Sub-Saharan Africa, and discusses implications for policymakers hoping to harness the power of FDI for economic development.

Author : Beata K. Smarzynska Javorcik
Publisher : World Bank Publications
Page : 38 pages
File Size : 41,30 MB
Release : 2000
Category : International business enterprises
ISBN :

GET BOOK

Developing country governments tend to favor joint ventures over other forms of foreign direct investment, believing that local participation facilitates the transfer of technology and marketing skills. However, foreign investors who are technological or marketing leaders in their industries are more likely to invest in wholly owned projects than to share ownership. Thus in R&D-intensive sectors joint ventures may offer less potential for transferring technology and marketing techniques than wholly owned subsidiaries.