R&D and Technology Spillovers via FDI: Innovation and Absorptive Capacity
Yuko Kinoshita
No 349, William Davidson Institute Working Papers Series from William Davidson Institute at the University of Michigan
Abstract:
Two faces of R&D (innovation and learning) and technology spillovers from FDI (foreign direct investment) on a firm's productivity growth are examined in this paper. Using firm-level panel data on Czech manufacturing firms between 1995 and 1998, I find that: (i) the learning effect of R&D is far more important than the innovative effect in explaining the productivity growth of a firm, (ii) there is no evidence of technology spillovers to local firms from having a foreign joint venture partner, (iii) positive spillovers from FDI are found in electrical machinery and radio & TV sectors, which are also active investors in innovative R&D.
Pages: pages
Date: 2000-11-01
New Economics Papers: this item is included in nep-dev, nep-ifn, nep-ino and nep-tid
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Persistent link: https://EconPapers.repec.org/RePEc:wdi:papers:2000-349
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