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Finance constraints and technology spillovers from foreign to domestic firms

Eapen, Alexander; Yeo, Jihye; Sasidharan, Subash


Scholars have suggested that externalities such as technology spillovers to domestic firms from the entry and presence of foreign firms – i.e., Foreign Direct Investment (FDI) spillovers – arise only when domestic firms possess adequate absorptive capacity. But they have also maintained a predominantly technological focus in their conceptualization of absorptive capacity, treating it mostly as a function of domestic firms' technological investments. Yet, several anecdotes point to finance...[Show more]

CollectionsANU Research Publications
Date published: 2019-01
Type: Journal article
Source: Economic Modelling
DOI: 10.1016/j.econmod.2018.07.019


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