Klaus E Meyer (School of Management, University of Bath, Bath, UK) Evis Sinani (Department of International Economics and Management, Copenhagen Business School, Frederiksberg, Denmark)
Abstract
Local firms may attract productivity spillovers from foreign investors, yet these vary with local firms' awareness, capability and motivation to react to foreign entry. In consequence, spillovers vary across countries at different levels of economic development. We apply competitive dynamics theory to analyze these contextual moderators of spillovers, and test hypotheses thus derived in a meta-analysis of the empirical literature on spillovers. Our analysis suggests a curvilinear relationship between spillovers and the host country's level of development in terms of income, institutional framework and human capital.
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Volume (Year): 40 (2009) Issue (Month): 7 (September) Pages: 1075-1094 Download reference. The following formats are available: HTML
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