| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP8141 |
| DP8141 Innovation and Foreign Ownership | |
| Maria Guadalupe; Catherine Thomas; Olga Kuzmina | |
| 发表日期 | 2010-12-01 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | This paper uses a rich panel dataset of Spanish manufacturing firms (1990-2006) and a propensity score reweighting estimator to show that multinational firms acquire the most productive domestic firms, which, on acquisition, conduct more product and process innovation (simultaneously adopting new machines and organizational practices) and adopt foreign technologies, leading to higher productivity. We propose a model of endogenous selection and innovation in heterogeneous firms that jointly explains the observed selection process and the innovation decisions. Further, we show in the data that innovation on acquisition is associated with the increased market scale provided by the parent firm. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Foreign ownership Innovation Multinational production Productivity |
| URL | https://cepr.org/publications/dp8141 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536978 |
| 推荐引用方式 GB/T 7714 | Maria Guadalupe,Catherine Thomas,Olga Kuzmina. DP8141 Innovation and Foreign Ownership. 2010. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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