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Přímé zahraniční investice a technologická změna

Foreign direct investment and technology change

In English

Författare

  • Martin Srholec

Summary, in English

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.

Publiceringsår

2003

Språk

Övrigt

Sidor

695-713

Publikation/Tidskrift/Serie

Politicka Ekonomie

Volym

51

Issue

5

Dokumenttyp

Artikel i tidskrift

Förlag

Vysoka Skola Ekonomicka

Ämne

  • Economics and Business

Nyckelord

  • Foreign direct investment
  • Manufacturing industry
  • Technology gap
  • Technology transfer
  • Transition economies

Status

Published

ISBN/ISSN/Övrigt

  • ISSN: 0032-3233