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FDI entry modes, development and technological spillovers

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Abstract

La literatura económica sobre inversión directa extranjera (IDE) en países en desarrollo se centra fundamentalmente en los incentivos que llevan a los productores locales a incurrir en los costes de desarrollo tecnológico requeridos para poder formar parte de la red de proveedores de las empresas multinacionales (EMN). Sin embargo, se ha prestado hasta ahora poca atención a las interacciones estratégicas que se derivan de los potenciales derrames tecnológicos (recíprocos) entre las empresas locales y las subsidiarias de las EMN, exceptuando el reciente trabajo teórico de Sanna-Randaccio y Veugelers (2007). Este vacío en la literatura se justifica mediante las diferencias tecnológicas que existen entre las empresas locales y las EMN, asumiéndose que estos dos tipos de empresas producen para mercados independientes y no compiten directamente. Si ese fuera el caso, la forma de entrada de las EMN en países en desarrollo sería independiente del nivel de desarrollo de los mismos. Este trabajo rechaza dicha simplificación e ilustra de manera empírica cómo las formas de entrada dependen del nivel de desarrollo de los países receptores de la IDE. Asimismo, este resultado empírico se justifica mediante una propuesta teórica que generaliza el modelo de Sanna- Randaccio y Veugelers (2007). Nuestra extensión tiene en cuenta todos los posibles equilibrios definidos conjuntamente por las estrategias de las EMN y las empresas locales, lo cual permite analizar los equilibrios no derivados en un análisis parcial al tiempo que proporciona una explicación de equilibrio general a la evidencia obtenida previamente.

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  • Isabel Álvarez & Raquel Marín & Franciso J. Santos-Arteaga, 2011. "FDI entry modes, development and technological spillovers," Working Papers del Instituto Complutense de Estudios Internacionales 1104, Universidad Complutense de Madrid, Instituto Complutense de Estudios Internacionales.
  • Handle: RePEc:ucm:wpaper:1104
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