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, the direct effects of FDI-related as well as import-related spillovers on domestic productivity are confirmed. Furthermore … FDI implying strong joint effect on domestic productivity. When consider- ing quality-adjusted human capital, countries … with better human capital are found to benefit not only from direct productivity effects, but also from absorption and …
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Foreign-owned subsidiaries make significant contributions to national Research and Development (R&D) in many host countries. Policymakers often support subsidiaries through R&D grants and R&D tax credits. A key objective of this funding is to leverage R&D-driven firm performance benefits for the...
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