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題名 Foreign direct investment, R&D and spillover efficiency: Evidence from Taiwan`s manufacturing firms
作者 Chuang, Yih‐Chyi
Lin, Chi‐Mei
莊奕琦
貢獻者 經濟系
日期 1999-04
上傳時間 19-Oct-2018 17:35:35 (UTC+8)
摘要 Using Taiwanese firm-level data, we confirm that foreign direct investment and R&D have a positive impact, or spillover effect on productivity. Furthermore, labour quality firm size, marker structure, and export orientation all affect a firm`s productivity Applying Heckman`s [1976] two-stage estimation method, we find that firms self-select into R&D or non-R&D groups. After correcting for this selection bias, we find that foreign direct investment, local technology purchase, and outward foreign investment are substitutes to R&D activity. These results are mainly due to the significant effect of industry-wide technology spillovers. The major policy implications derived from this study are that governments in developing countries may first wish to adopt policies encouraging foreign direct investment to foster technology transfer and industry-wide knowledge spillovers in the short run. However; once the country`s technological capability is established it appears critical to switch towards policies that provide a preferred environment to stimulate R&D investment (for example, infrastructure improvement and protection of intellectual property rights) to allow for sustainable economic growth.
關聯 JOURNAL OF DEVELOPMENT STUDIES, 35(4), 117-137
資料類型 article
DOI http://dx.doi.org/10.1080/00220389908422583
dc.contributor 經濟系-
dc.creator (作者) Chuang, Yih‐Chyi-
dc.creator (作者) Lin, Chi‐Mei-
dc.creator (作者) 莊奕琦-
dc.date (日期) 1999-04-
dc.date.accessioned 19-Oct-2018 17:35:35 (UTC+8)-
dc.date.available 19-Oct-2018 17:35:35 (UTC+8)-
dc.date.issued (上傳時間) 19-Oct-2018 17:35:35 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/120642-
dc.description.abstract (摘要) Using Taiwanese firm-level data, we confirm that foreign direct investment and R&D have a positive impact, or spillover effect on productivity. Furthermore, labour quality firm size, marker structure, and export orientation all affect a firm`s productivity Applying Heckman`s [1976] two-stage estimation method, we find that firms self-select into R&D or non-R&D groups. After correcting for this selection bias, we find that foreign direct investment, local technology purchase, and outward foreign investment are substitutes to R&D activity. These results are mainly due to the significant effect of industry-wide technology spillovers. The major policy implications derived from this study are that governments in developing countries may first wish to adopt policies encouraging foreign direct investment to foster technology transfer and industry-wide knowledge spillovers in the short run. However; once the country`s technological capability is established it appears critical to switch towards policies that provide a preferred environment to stimulate R&D investment (for example, infrastructure improvement and protection of intellectual property rights) to allow for sustainable economic growth.en_US
dc.format.extent 1068960 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) JOURNAL OF DEVELOPMENT STUDIES, 35(4), 117-137-
dc.title (題名) Foreign direct investment, R&D and spillover efficiency: Evidence from Taiwan`s manufacturing firmsen_US
dc.type (資料類型) article-
dc.identifier.doi (DOI) 10.1080/00220389908422583-
dc.doi.uri (DOI) http://dx.doi.org/10.1080/00220389908422583-