Absorptive capacity from foreign direct investment in Spanish manufacturing firms
研究了西班牙制造业企业如何从外国直接投资中吸收技术溢出，分析了研发活动、人力资本质量、家族管理等因素对吸收能力的影响。
This paper deals with the determinants of absorptive capacity from foreign direct investment (FDI) spillovers. We study how firm behavior, capabilities, and structure drive absorptive capacity such as research and development (R&D) activities and expenditures, R&D results, internal organization of innovation, external relationships of innovation, human-capital quality, family management, business complexity, and market concentration. Our results enhance and complement previous evidence of the determinants of absorptive capacity, particularly with different approaches to innovative activities as mediators of the capability.