Multinational Companies, Technology Spillovers, and Plant Survival
AbstractThis paper examines the effect of the presence of multinational companies on plant survival in the host country. We postulate that multinational companies can impact positively on plant survival through technology spillovers. We study the nature of the effect of multinationals using a Cox proportional hazard model which we estimate using plant level data for Irish manufacturing industries. Our results show that the presence of multinationals has a life enhancing effect only on indigenous plants in high tech industries, suggesting the presence of technology spillovers. In contrast, multinationals compete with each other in low tech sectors in the host country.
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Bibliographic InfoPaper provided by DIW Berlin, German Institute for Economic Research in its series Discussion Papers of DIW Berlin with number 366.
Length: 20 p.
Date of creation: 2003
Date of revision:
Multinational Companies; Technology Spillovers; Plant Survival;
Other versions of this item:
- Holger G–rg & Eric Strobl, 2003. "Multinational Companies, Technology Spillovers and Plant Survival," Scandinavian Journal of Economics, Wiley Blackwell, vol. 105(4), pages 581-595, December.
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
- L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-06-07 (All new papers)
- NEP-ENT-2003-09-24 (Entrepreneurship)
- NEP-INO-2004-06-07 (Innovation)
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