This paper presents a simple model to analyse the impact of geographically localised spillovers on the …: the presence of spillovers enhances the profitability of the FDI strategy when competitive gap between firms is narrow … assets. Third, a "sourcing" effect: the presence of spillovers may induce a firm to invest abroad, even in the absence of …

for technological externalities, or spillovers. In addition to a review of recent empirical research on technology … spillovers through trade and foreign direct investment, the discussion guided by a model of foreign direct investment, trade, and … endogenous technology transfer. There is evidence for technology spillovers from both international trade and the activity of …

externalities in the form of technology transfer. We distinguish between the level and rate effects of spillovers on the … productivity of domestic firms. A new insight gained from the theory is that the level and rate effects of spillovers can go in … resources must be devoted to learning. The positive rate effect indicates that technology spillovers enhance domestic firms …

The existing research on knowledge-spillovers from foreign direct investment (FDI) has invariably treated all foreign … an empirical framework for inclusion of quality dimensions in exploring FDI related spillovers on host country … considerable differences exists between the spillovers variables associated with high and low quality FDI firms. This difference is …

. These spillovers are expected to result in an increase in the productivity of the domestic firms. This paper reviews the … empirical literature on spillovers from FDI. Studies have found conflicting evidence on the spillover effects. While some of the … studies find that there exist positive spillovers from foreign-owned firms, some others find no spillover effects. A …

It is often argued that multinationals are reluctant to transfer technology due to the fear of spillovers. We show that … may agree to enter a joint venture even though this gives rise to spillovers. Surprisingly, we find that a joint venture … is sometimes not in the interest of a host country, despite the prospect of spillovers. …