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Technology Transfer and Spillovers: Does Local Participation with Multinationals Matter?

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Author Info
Blomström, Magnus () (The European Institute of Japanese Studies at the Stockholm School of Economics)
Sjöholm, Fredrik () (The European Institute of Japanese Studies at the Stockholm School of Economics)

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Abstract

This paper examines the effects on technology transfer and spillovers deriving from ownership sharing of foreign multinational affiliates. More specifically, we try to answer two questions, using unpublished Indonesian micro data. Firstly, do establishments with minority and majority ownership differ in terms of productivity levels? Secondly, does the degree of spillover differ with the degree of ownership in the FDI? Our results show that foreign establishments have comparable high levels of labor productivity and that domestic establishments benefit from spillovers. However, the degree of foreign ownership does neither affect the level of labor productivity in foreign establishments, nor the degree of spillovers.

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Publisher Info
Paper provided by Stockholm School of Economics in its series Working Paper Series in Economics and Finance with number 268.

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Length: 15 pages
Date of creation: 12 Oct 1998
Date of revision:
Publication status: Published in European Economic Review, 1999, pages 915-923.
Handle: RePEc:hhs:hastef:0268

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Related research
Keywords: Joint venture productivity spillovers Indonesia foreign direct investment

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Find related papers by JEL classification:
F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
O30 - Economic Development, Technological Change, and Growth - - Technological Change - - - General

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Blomstrom, Magnus & Kokko, Ari, 1998. " Multinational Corporations and Spillovers," Journal of Economic Surveys, Blackwell Publishing, vol. 12(3), pages 247-77, July. [Downloadable!] (restricted)
    Other versions:
  2. Magnus Blomstrom & Mario Zejan, 1991. "Why Do Multinational Firms Seek Out Joint Ventures?," NBER Working Papers 2987, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  3. Ramachandran, Vijaya, 1993. "Technology Transfer, Firm Ownership, and Investment in Human Capital," The Review of Economics and Statistics, MIT Press, vol. 75(4), pages 664-70, November. [Downloadable!] (restricted)
  4. Sjöholm, Fredrik, 1997. "Technology Gap, Competition and Spillovers from Direct Foreign Investment: Evidence from Establishment Data," Working Paper Series in Economics and Finance 212, Stockholm School of Economics. [Downloadable!]
  5. Sjoholm, Fredrik, 1999. "Productivity Growth in Indonesia: The Role of Regional Characteristics and Direct Foreign Investment," Economic Development and Cultural Change, University of Chicago Press, vol. 47(3), pages 559-84, April.
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