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Přímé zahraniční investice a technologická změna

Srholec, Martin LU (2003) In Politicka Ekonomie 51(5). p.695-713
Abstract

Paper focuses on foreign direct investment (FDI) in manufacturing in the Czech Republic, Hungary, Poland and Slovakia (CECs), where FDI penetration jumped to remarkable high levels in recent years. Foreign investment enterprises are more profitable, export oriented and technologically superior compared to domestic companies. FDI is perceived as a main channel of technology transfer and potential source of spillovers in host economy, though, estimates of technology transfer show mixed picture in the CECs. FDI spurs restructuring and productivity growth in foreign investment enterprises but FDI rather crowds-out domestic companies as spillovers are confirmed only to domestic companies with sufficient technological absorptive capacity.... (More)

Paper focuses on foreign direct investment (FDI) in manufacturing in the Czech Republic, Hungary, Poland and Slovakia (CECs), where FDI penetration jumped to remarkable high levels in recent years. Foreign investment enterprises are more profitable, export oriented and technologically superior compared to domestic companies. FDI is perceived as a main channel of technology transfer and potential source of spillovers in host economy, though, estimates of technology transfer show mixed picture in the CECs. FDI spurs restructuring and productivity growth in foreign investment enterprises but FDI rather crowds-out domestic companies as spillovers are confirmed only to domestic companies with sufficient technological absorptive capacity. Paper concludes with some policy implications regarding FDI promotion and innovation policy.

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Please use this url to cite or link to this publication:
author
alternative title
Foreign direct investment and technology change
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Foreign direct investment, Manufacturing industry, Technology gap, Technology transfer, Transition economies
in
Politicka Ekonomie
volume
51
issue
5
pages
19 pages
publisher
Vysoka Skola Ekonomicka
external identifiers
  • scopus:0142215528
ISSN
0032-3233
language
Unknown
LU publication?
no
id
8606a62c-133a-404a-8e1b-8e3570c313b6
date added to LUP
2016-05-18 13:23:03
date last changed
2017-01-01 08:26:12
@article{8606a62c-133a-404a-8e1b-8e3570c313b6,
  abstract     = {<p>Paper focuses on foreign direct investment (FDI) in manufacturing in the Czech Republic, Hungary, Poland and Slovakia (CECs), where FDI penetration jumped to remarkable high levels in recent years. Foreign investment enterprises are more profitable, export oriented and technologically superior compared to domestic companies. FDI is perceived as a main channel of technology transfer and potential source of spillovers in host economy, though, estimates of technology transfer show mixed picture in the CECs. FDI spurs restructuring and productivity growth in foreign investment enterprises but FDI rather crowds-out domestic companies as spillovers are confirmed only to domestic companies with sufficient technological absorptive capacity. Paper concludes with some policy implications regarding FDI promotion and innovation policy.</p>},
  author       = {Srholec, Martin},
  issn         = {0032-3233},
  keyword      = {Foreign direct investment,Manufacturing industry,Technology gap,Technology transfer,Transition economies},
  language     = {und},
  number       = {5},
  pages        = {695--713},
  publisher    = {Vysoka Skola Ekonomicka},
  series       = {Politicka Ekonomie},
  title        = {Přímé zahraniční investice a technologická změna},
  volume       = {51},
  year         = {2003},
}