TY - JOUR
T1 - Knowledge spillovers from FDI in China
T2 - The role of educated labor in multinational enterprises
AU - Todo, Yasuyuki
AU - Zhang, Weiying
AU - Zhou, Li An
N1 - Funding Information:
The authors would like to thank Theresa Greaney, Tomohiko Inui, Masahiro Kawai, Mary Lovely, Peter Petri, Michael Plummer, Eric Ramstetter, Miaojie Yu, and seminar participants at the East-West Center and Asian Development Bank Institute for helpful comments and suggestions and Linn Gu for excellent research assistance. Financial support from the East-West Center, ADBI, and Nihon University is gratefully acknowledged. Todo is grateful to the New Energy and Industrial Technology Organization for financial support. Zhou thanks the Center for Research in Private Enterprises at Zhejiang University for financial support.
PY - 2009/11
Y1 - 2009/11
N2 - This paper employs a firm-level panel data set for a high-tech cluster in 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 of MNEs spills over to domestic firms in the same industry through MNEs' employment of workers with graduate-level or overseas education. We also find that Japanese MNEs contribute less to knowledge spillovers than US MNEs. This is likely due to the fact that Japanese MNEs in China do not employ much educated labor.
AB - This paper employs a firm-level panel data set for a high-tech cluster in 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 of MNEs spills over to domestic firms in the same industry through MNEs' employment of workers with graduate-level or overseas education. We also find that Japanese MNEs contribute less to knowledge spillovers than US MNEs. This is likely due to the fact that Japanese MNEs in China do not employ much educated labor.
KW - China
KW - Educated labor
KW - Foreign direct investment
KW - Knowledge spillovers
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U2 - 10.1016/j.asieco.2009.09.002
DO - 10.1016/j.asieco.2009.09.002
M3 - Article
AN - SCOPUS:70449715139
SN - 1049-0078
VL - 20
SP - 626
EP - 639
JO - Journal of Asian Economics
JF - Journal of Asian Economics
IS - 6
ER -
