Foreign direct investment and technical progress in Spanish manufacturing

Martínez, Jorge Rosell; Sánchez‐Sellero, Pedro

doi:10.1080/00036846.2011.564155

Cited by 13 publications

(7 citation statements)

References 89 publications

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“…Previous studies show the positive effects from contemporaneous and lagged FDI on the productivity of manufacturing firms, especially in capital‐ and R&D‐intensive industries (Rosell‐Martínez and Sánchez‐Sellero, ). This paper demonstrates that there are positive spillovers from FDI towards local firms.…”

Section: Discussionmentioning

confidence: 99%

“…The form and strength of the relationship between a foreign presence and spillover may be linked to the characteristics of the sectors (Kathuria, ). In particular, there is a positive effect from contemporaneous and lagged FDI on the productivity of manufacturing firms, especially in capital‐ and R&D‐intensive industries (Rosell‐Martínez and Sánchez‐Sellero, ). Technology‐intensive sectors exhibit a linear relationship between beneficial spillovers and FDI because the ownership advantages of foreign firms are usually more relevant than those of local companies, in which positive spillovers to domestic enterprises will predominate (Caves, ; Feinberg and Majumdar, ).…”

Section: The Form Of the Relationship Between Fdi And Spillovers In Lmentioning

confidence: 99%

“…So, our paper focuses on the spillovers from FDI in this developed country that is not a net receiver of FDI. Previous results show that contemporaneous and lagged FDI have a positive effect on the productivity of manufacturing firms, especially in capital‐ and R&D‐intensive industries (Rosell‐Martínez and Sánchez‐Sellero, ). This begs the following questions: Does foreign capital cause technical progress?…”

Section: Introductionmentioning

confidence: 97%

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Spillovers from Foreign Direct Investment in Spanish Manufacturing Firms

Sánchez‐Sellero

Martínez

García‐Vázquez

2014

Rev International Economics

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This paper examines the effect of participation by foreign capital and the spillovers from a foreign presence on the technical progress of Spanish manufacturing firms. The results show that foreign direct investment (FDI) creates positive spillover effects for local firms, and when the presence of foreign capital and the absorptive capacity of spillovers from FDI are large, more technical progress ensues. Also, local companies in capital‐ and research and development (R&D)‐intensive industries experience larger positive FDI spillovers. For these reasons, government policies should aim to attract FDI, especially in the aforementioned industries.

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Section: Discussionmentioning

confidence: 99%

Section: The Form Of the Relationship Between Fdi And Spillovers In Lmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 97%

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Spillovers from Foreign Direct Investment in Spanish Manufacturing Firms

Sánchez‐Sellero

Martínez

García‐Vázquez

2014

Rev International Economics

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“…The latter includes entrepreneurs, managers, technicians, specialists, administrators and secretaries. These two proxy variables control for an industry's capacity to adopt advanced foreign technologies (Buckley et al 2002;Sinani and Meyer 2004;Rosell-Martinez and Sanchez-Sellero 2012). White collar labour identifies labour with certain educational levels and technical abilities, while the average wage rate reflects the mean skill level of labour (Globerman 1979;Balasubramanyam et al 1999).…”

Section: Methodsmentioning

confidence: 99%

The Impact of Foreign Technology and Embodied R&D on Productivity in Internationally Oriented and High-Technology Industries in Egypt, 2006–2009

2020

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This paper investigates the domestic productivity and spillover effects of foreign technology and embodied R&D on Egyptian manufacturing industries, 2006 to 2009. It also analyses the heterogeneous sectoral effects of technology transfer by focusing specifically on the productivity effects on highly internationalized and technology-intensive industries. These are expected to have greater absorptive capacity with respect to foreign technology and therefore larger productivity effects because of their greater exposure to foreign competition and greater technological capacity respectively. This study is the first to analyse the efficiency effects of foreign technology by classifying industries in this manner. It finds that foreign technology and embodied R&D have positive and significant industry-specific effects on domestic productivity and TFP in technology-intensive industries but that these are weaker in internationally oriented industries. The study suggests that only technological-intensive industries in Egypt have sufficient absorptive capacity to assimilate foreign technology effectively. The paper’s findings highlight the key role of foreign technology in domestic productivity growth, subject to the absorptive capacity of the domestic labour force, and the need for improved policies to promote the domestic benefits of technology transfer through the accumulation of local technological competences.

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“…Other papers study the simultaneous effects of various factors on productivity, as we do in this work. Crèpon, Duguet and Mairesse (1998), for instance, analyse the number of patents and R&D expenditures; Gu and Tang (2003) analyse R&D investment, patents, machinery investment and internal organisation; Rosell-Martínez and Sánchez-Sellero (2012) study the effects of foreign direct investment (FDI) and R&D expenditures; and Sánchez-Sellero, Rosell-Martínez and García-Vazquez (2014) analyse how innovation drives Spanish manufacturing companies’ ability to absorb spillovers from foreign direct investment. They find the following results: Crèpon et al (1998) maintain that firm productivity correlates positively with a higher number of patents and R&D expenditures.…”

Section: Innovation Factors Determining the Productivitymentioning

confidence: 99%

Effects of Innovation on Technical Progress in Spanish Manufacturing Firms

Sánchez‐Sellero

Sánchez-Sellero

et al. 2015

Science, Technology and Society

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We analyse the effect of innovation on technical progress in Spanish manufacturing firms by identifying and explaining how the following innovation factors affect technical progress: research and development (R&D) activities and expenditures, patents, innovations in products and in processes, internal organisation of innovation, outsourcing R&D activities, public R&D funding, external relationships of innovation and different ways of external collaboration for innovation. We focus on how firm behaviour and structure drive these innovation factors. Our results are based on multiple regression analyses using firm-level data from 2010. We show that innovations in product, processes and R&D activities (especially external R&D activities) are more likely to improve the productivity of Spanish manufacturing firms. In addition, the activities related to the internal organisation or the external collaboration for innovation generates a higher productivity level. This positive effect is bigger when a firm collaborates with universities and/or technology centres and employs recent college graduates, especially those with degrees in science, engineering or technology.

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Foreign direct investment and technical progress in Spanish manufacturing

Cited by 13 publications

References 89 publications

Spillovers from Foreign Direct Investment in Spanish Manufacturing Firms

Spillovers from Foreign Direct Investment in Spanish Manufacturing Firms

The Impact of Foreign Technology and Embodied R&D on Productivity in Internationally Oriented and High-Technology Industries in Egypt, 2006–2009

Effects of Innovation on Technical Progress in Spanish Manufacturing Firms

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