Theory suggests that FDI spillovers are a function of the level of foreign presence. We extend this view by developing and testing the premise that variations in spillover effects are the result of differences in the process of foreign entry. Drawing from the concept of time compression...

The improvement in performance of Chinese domestically owned industry in 1995 and 2001 is strongly linked to inward foreign direct investment. Rising foreign presence contributes towards the narrowing of the performance gap between foreign and locally owned enterprises in China. While investment...

Using data from the Chinese manufacturing industry for 2001, this article examines the impacts of foreign presence on the performance of locally owned Chinese firms. Our key result supports a curvilinear functional form. Foreign penetration rates in excess of just about two-thirds of industrial...

This study investigates the impacts of R&D on firm performance. It extends previous research by constructing alternative stocks of R&D-Capital that take into account that time plays an important role in assessing the pay-off of industrial research. The results show that even when we employed...

Although prior research has highlighted the importance of academic collaborations in enhancing firms’ innovation performance, it has largely focused on developed countries. As a result, how academic collaborations influence innovation in emerging countries, which differ fundamentally from...

This study examines the institutional mechanisms through which business groups impact innovation in emerging markets. Rather than merely viewing groups as the result of a weak institutional environment, this study proposes that there are complementary elements between groups and institutions,...