Wang, Jue; Liu, Xiaming; Wei, Yingqi; Wang, Chengang - In: World Development 60 (2014) C, pp. 1-13
Integrating and extending new growth theory and resource-based views, this paper provides a theoretical foundation for the catch-up hypothesis. It examines the role of technology gap, technological capability, and cultural proximity in local firms’ catch-up with MNEs. Hypotheses are developed...