Girma, Sourafel (contributor); Gong, Yundan (contributor); … - 2006
bring with it transfer of knowledge from the foreign parent company which should
stimulate innovation activity …. Alternatively, even without knowledge transfer a capital
inflow may reduce financial constraints and hence improve innovation … out to be negative, similar to
the ideas discussed recently by Aghion et al. (2005). Furthermore, knowledge spillovers …