The Impact of FDI on Innovation in Target Firms

Abstract

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Do Financial Constraints Matter for Foreign Market Entry? A Firm‐level Examination

“…Further it might be interesting to investigate whether the impact of financial factors is different for entry into different target markets. 152,156,158,17,18,19,20,21,22,252,262,26,27,28,292,296,342,351,361,362,157,159,16,[363][364][365] Medium Sunk Cost 242,246,247,251,291,294,295,30,31,321,331,332,343,[352][353][354] Ó 2011 Blackwell Publishing Ltd.…”

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“…2 Prominent examples include Teece (1977), Caves (1996), Bloom and Van Reenen (2010), and Branstetter, Fisman and Foley (2006). See the survey of recent empirical literature in Stiebale and Reize (2010). 3 Spain has a substantial foreign multinationals presence.…”

The Impact of Foreign Acquisitions on the Investors' R&D Activities - Firm-Level Evidence

“…Also, the model controls for foreign ownership as it was found in previous work that foreign investors tend to acquire target firms that are located close to the border (Stiebale and Reize 2008).…”