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Much Ado About Nothing? Do Domestic Firms Really Benefit from Foreign Investment?
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In this paper, a comprehensive evaluation of the empirical evidence on productivity, wages and exports spillovers in developing, developed and transitional economies is presented. But, although theory can identify a range of possible spillover channels, robust empirical support for positive spillovers is hard to find.Abstract:
Many governments offer significant inducements to attract inward investment, motivated by the expectation of spillover benefits. This paper begins by reviewing possible sources of spillovers. It then provides a comprehensive evaluation of the empirical evidence on productivity, wages and exports spillovers in developing, developed and transitional economies. Although theory can identify a range of possible spillover channels, robust empirical support for positive spillovers is hard to find. The reasons for this are explored and the paper concludes with a review of policy aspects.read more
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Knowledge spillovers and new ventures' export orientation
TL;DR: In this paper, the authors draw on the knowledge spillover literature to suggest that a country's proportion of export-oriented new ventures represents an outcome of knowledge spillovers that stem from foreign direct investment (FDI) and international trade.
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Does foreign direct investment drive technological upgrading
TL;DR: In this article, the authors evaluate whether inward foreign direct investment stimulates technological upgrading, and if its impact depends on an economy's level of social capability, and find that FDI inflows exert a positive influence on technological upgrading over a lengthy time period.
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Do exporters have anything to learn from foreign multinationals
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Knowledge Spillovers from FDI: A Critical Review from the International Business Perspective
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TL;DR: In this paper, the authors present a framework for the analysis of knowledge spillovers from the international business perspective, which integrates both macro-level and micro-level antecedents of spillovers with their consequences.
References
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