Přímé zahraniční investice a technologická změna
(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.
(Less)
- author
- Srholec, Martin LU
- alternative title
- Foreign direct investment and technology change
- publishing date
- 2003
- 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
- Czech
- LU publication?
- no
- id
- 8606a62c-133a-404a-8e1b-8e3570c313b6
- date added to LUP
- 2016-05-18 13:23:03
- date last changed
- 2023-04-27 10:51:45
@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}},
keywords = {{Foreign direct investment; Manufacturing industry; Technology gap; Technology transfer; Transition economies}},
language = {{cze}},
number = {{5}},
pages = {{695--713}},
publisher = {{Vysoka Skola Ekonomicka}},
series = {{Politicka Ekonomie}},
title = {{Přímé zahraniční investice a technologická změna}},
volume = {{51}},
year = {{2003}},
}