Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
992082 | World Development | 2009 | 8 Pages |
Abstract
SummaryWe investigate whether inward foreign direct investment (FDI), either at the firm or industry level, has any impact on product innovation by Chinese state-owned enterprises (SOEs). We use a comprehensive firm-level panel data set of some 20,000 SOEs during 1999–2005. Our results show that foreign capital participation at the firm level is associated with higher innovative activity. Inward FDI in the sector, by contrast, has a negative effect on innovative activity in SOEs on average. However, there is a positive effect of sector-level FDI on SOEs that export, invest in human capital, or undertake R&D.
Related Topics
Social Sciences and Humanities
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Economics and Econometrics
Authors
Sourafel Girma, Yundan Gong, Holger Görg,