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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w16573 |
来源ID | Working 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 |
URL | https://www.nber.org/papers/w16573 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/574248 |
推荐引用方式 GB/T 7714 | Maria Guadalupe,Olga Kuzmina,Catherine Thomas. Innovation and Foreign Ownership. 2010. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w16573.pdf(1036KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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