This paper employs a firm-level panel data set for a high-tech cluster in the People's Republic of China to examine knowledge spillovers from multinational enterprises (MNEs) to domestic firms, focusing on the role of MNEs' employment of educated workers. We find that knowledge within MNEs...

The privatization of state-owned enterprises (SOE) in transition economies has often been found to improve employment and productivity of privatized SOEs, despite policymakers’ fears regarding possible job cuts. This positive effect can be enhanced if privatization also promotes firms’...

Using a unique firm-level dataset from China's quot;Silicon Valley,quot; we investigate how multinational enterprises (MNEs) affect local entrepreneurship and Ramp;D activities upon entry. We find that Ramp;D activities of MNEs in an industry stimulate entry of domestic firms into the same...