Mutual productivity spillovers between foreign and local firms in China
论证了本土技术和知识扩散也能提升跨国公司生产率,从而在发展中国家(如中国)实现本土与外资企业间的双向溢出,并通过大样本计量分析和七家公司案例研究支持这一观点。
The existing literature treats advanced technology sourcing as the only cause of reverse productivity spillovers from local to foreign firms and implies that mutual spillovers between foreign and local firms can only happen in the developed world. This paper argues that the diffusion of indigenous technology and local knowledge helps the productivity enhancement of multinationals, so that there can be mutual spillovers even in a developing country. The results from a large-sample firm-level econometric analysis and a comparative case study of seven companies in Chinese manufacturing support this new argument, as mutual spillovers are identified between local Chinese firms and overseas Chinese or OECD-invested firms.