Multinational Companies, Technology Spillovers and Plant Survival*
研究了跨国公司对东道国工厂生存的影响，发现技术溢出仅对高科技行业的本土工厂有正面作用，而在低科技行业跨国公司之间存在竞争。
Abstract How does the presence of multinational companies affect plant survival in the host country? We postulate that multinational companies can impact positively on plant survival through technology spillovers. We examine the nature of the effect of multinationals using a Cox proportional hazard model, which we estimate using plant‐level data for Irish manufacturing industries. Our results show that the presence of multinationals has a life‐enhancing effect only on indigenous plants in high‐tech industries, suggesting the presence of technology spillovers. In contrast, multinationals compete with each other in low‐tech sectors in the host country.