Does FDI Work as a Channel for R&D Spillovers? Evidence Based on Swedish Data

Karen Helene Ulltveit-Moe, Karolina Ekholm () and Henrik Braconier

No 2469, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: Multinational enterprises (MNEs) are important in transmitting technology across national borders. Not only do they allow for transfer of technology within the firm, but it is also believed that they are important channels for international R&D spillovers as well. This paper analyses empirically whether inward and outward foreign direct investment (FDI) work as channels for international R&D spillovers. We utilize firm-level as well as industry-level data for Swedish manufacturing in the analysis. We find no evidence of FDI-related R&D spillovers - neither at the firm-level nor at the industry-level in Swedish manufacturing. The only variable that consistently affects total factor productivity is own investment in R&D.

Keywords: Multinationals; Productivity growth; Spillovers; Technology transfer (search for similar items in EconPapers)
JEL-codes: F20 F23 O40 (search for similar items in EconPapers)
Date: 2000-06
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Citations: View citations in EconPapers (10)

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Working Paper: Does FDI Work as a Channel for R&D Spillovers? Evidence Based on Swedish Data (2001)
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