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Introduction

In: Internationalisation Theory and Technological Accumulation

Author

Listed:
  • Björn Jindra

    (Halle Institute for Economic Research)

Abstract

The relationship between the internationalisation of firms, technology transfer and possible host country effects has long been a concern in economic research. It is traditionally assumed that foreign firms possess a centrally accumulated technological advantage over domestic firms which can be exploited abroad. Given a sufficient level of absorptive capacity and human capital, domestic firms are believed to be able to benefit from technological externalities stimulated by the mere presence of multinational enterprises (MNEs). However, more recently the emphasis has shifted from the traditional technology transfer perspective to one of global generation and diffusion of knowledge and innovation within the MNE. It is suggested that not every MNE provides the same knowledge opportunities for domestic firms. The spillover potential crucially depends on the technological heterogeneity of MNEs as well as existing location specific technological capabilities within the host economy.

Suggested Citation

  • Björn Jindra, 2012. "Introduction," Studies in Economic Transition, in: Internationalisation Theory and Technological Accumulation, chapter 1, pages 1-15, Palgrave Macmillan.
    • Handle: RePEc:pal:stuchp:978-0-230-36003-7_1
    DOI: 10.1057/9780230360037_1
    as

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