000			01747nam a22003137u 4500
001			pwiiw7344
003			OSt
005			20260405120009.0
008			250623t2025 au ||||| |||| 00| ||eng d
040			_cOSt
041			_aeng
084			_aF23 _aO24 _aO33 _aO34 _aQ55 _2jelc
100	1		_aDavies, Ronald B.
245	1	0	_aInnovation interactions: Multinational spillovers and local absorptive capacity
260			_aWien : _bWiener Institut für Internationale Wirtschaftsvergleiche (wiiw), _c2025.
300			_a42 S., _b10 Tables, _c30cm.
490	1		_awiiw Working Papers _v265
520			_aThe hope that multinational firms will improve local employment and productivity is a driving force behind policy efforts to attract investment. Such spillovers are often motivated by technological spillovers from foreign to domestic firms. We address this possibility by using the patenting activity of foreign multinationals in Europe as a measure of affiliate activity alongside more traditional proxies. We find that local firms’ employment and labour productivity is higher when FDI activity increases, particularly when those multinationals are upstream of locals. Furthermore, this effect is particularly significant among domestic patenting firms. Thus, it seems that the benefits of inbound investment are greatest for local innovators who are exposed to inbound innovating foreigners.
650			_aspillovers
650			_aForeign Direct Investment
650			_aPatents
651			_aEuropean Union
690			_aInternational Trade, Competitiveness and FDI
700	1		_aGhodsi, Mahdi
700	1		_aGuadagno, Francesca
830		0	_v265 _w7703 _twiiw Working Papers
856	4	0	_uhttps://wiiw.ac.at/p-7344.html
942			_cP
999			_c9139 _d9139