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来源类型Working Paper
规范类型报告
DOI10.3386/w16573
来源IDWorking Paper 16573
Innovation and Foreign Ownership
Maria Guadalupe; Olga Kuzmina; Catherine Thomas
发表日期2010-12-02
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Microeconomics ; Households and Firms ; International Economics ; International Factor Mobility ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w16573
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/574248
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GB/T 7714
Maria Guadalupe,Olga Kuzmina,Catherine Thomas. Innovation and Foreign Ownership. 2010.
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