Wang, Yaozhong; Liu, Zhizhong; Zhang, Yang - In: Journal of Economic Policy Reform 10 (2007) 4, pp. 263-281
Based on capital accumulation and the capacity to innovate, we use an Edgeworth box and find that in a host country that lacks capital, if multinational corporations (MNCs) remit more profits back to their parent companies and invest less in the host country, the latter's R&D ability to innovate...
