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This paper investigates how knowledge transferred within multinational corporations affects capital structure decisions of foreign affiliates. Employing the unique dataset on Korean multinationals and their employment structure of foreign affiliates, we measure the knowledge transfer through...
Persistent link: https://www.econbiz.de/10013237826
appropriate training of local managers. Technological spillovers from foreign direct investment arise when such managers are later … foreign affiliate to prevent them from moving to local competitors. We study conditions under which technological spillovers …
Persistent link: https://www.econbiz.de/10014027331
We develop a simple test to assess whether horizontal spillover effects from multinational to domestic firms are endogenous to the market structure generated by the entry of the same multinationals. In particular, we analyze the performance of a panel of 10,650 domestic and multinational firms...
Persistent link: https://www.econbiz.de/10014027431
which may "spill over" to the economy. The present paper discusses the evidence on productivity spillovers in the UK and … provides further results. While the international evidence on productivity spillovers is far from conclusive on whether or not …. Our empirical analysis, based on OneSource for the period 1988 to 1996, is in line with that evidence. However, spillovers …
Persistent link: https://www.econbiz.de/10014027730
spillovers of foreign direct investment to domestic firms are detected in Estonia. In Slovenia, however, positive spillovers to … domestic firms are found but there is no indication of spillovers to other foreign affiliates. The findings show that different … spillovers may depend on the level of economic development of the host country …
Persistent link: https://www.econbiz.de/10014028645
from productivity spillovers from FDI. We analyse this issue using establishment level data for the electronics and … spillover benefits. We find evidence for a u-shaped relationship between absorptive capacity and productivity spillovers from … FDI in the region, while there is an inverted u-shaped relationship for spillovers from FDI outside the region …
Persistent link: https://www.econbiz.de/10014030888
is evidence of positive technological spillovers from FDI, such spillovers are very unevenly distributed. For some … industries, there are positive spillovers from FDI presence in the same industry and province, but for others spillovers are … negative. There are positive spillovers from FDI presence in upstream and downstream industries, but such spillovers mostly …
Persistent link: https://www.econbiz.de/10013141643
. I propose a novel estimation strategy that allows me to disentangle FDI spillovers from the effects of competition … spillovers stemming from FDI …
Persistent link: https://www.econbiz.de/10013098018
(at the inside of firms) and externally (spillovers). Openness to foreign firms enhances the aggregate exposure to ideas …
Persistent link: https://www.econbiz.de/10013098299
spillovers – which are supposed to affect productivity levels of other firms in a host country. Empirical results on this topic …
Persistent link: https://www.econbiz.de/10013086728