Knowledge spillovers from foreign direct investment in R&D: Evidence from Japanese firm-level data

研究成果: Article

26 引用 (Scopus)

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This study uses firm-level panel data from the Japanese manufacturing industries and examines whether foreign direct investment generates intra-industry knowledge spillovers to domestic firms. The analysis found positive effects of R&D stocks of foreign firms on the productivity of domestic firms, while effects of capital stocks of foreign firms were absent, suggesting that knowledge of foreign firms spills over through their R&D activities, but not through their production activities. In addition, we found that the extent of spillovers from R&D stock of foreign firms is substantially larger than spillovers from R&D stock of domestic firms.

元の言語English
ページ(範囲)996-1013
ページ数18
ジャーナルJournal of Asian Economics
17
発行部数6
DOI
出版物ステータスPublished - 2006 12 1
外部発表Yes

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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