search query: @author Dimelis, S. / total: 2
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Author: | Dimelis, S. Louri, H. |
Title: | Foreign direct investment and technology spillovers: Which firms really benefit? |
Journal: | Review of World Economics
2004 : VOL. 140:2, p. 230-253 |
Index terms: | Foreign investment Direct investment Multinational companies Productivity Manufacturing Greece |
Freeterms: | FDI Technology spillovers |
Language: | eng |
Abstract: | Foreign direct investment (FDI) is thought to contribute to host economies by increasing their efficiency (hereafter as: eff.) either directly or through technology diffusion. These eff. benefits are neither equally produced by foreign firms (here as: f-frms.) nor equally distributed to all domestic firms (here as: d-frms.) This study's special question is related to how differentiated such effects are depending on size and degree of (foreign) ownership. Based on a sample of 3.742 manufacturing firms operating in Greece in 1997, it is found that, while it is large, majority-held f-frms. exhibiting higher productivity, spillovers are important for small d-frms. and stem mostly from small joint ventures where the foreign partner owns a minor part of equity. |
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