2004
DOI: 10.1093/oxrep/grh026
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Abstract: This paper examines the relationship between foreign ownership and productivity, paying particular attention to two issues neglected in the existing literature -the role of multinationals in service sectors and the importance of R&D activity conducted by foreign multinationals. We review existing theoretical and empirical work, which largely focuses on manufacturing, before presenting new evidence using establishment-level data on production, service and R&D activity for the United Kingdom. We find that multin… Show more

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Cited by 100 publications
(64 citation statements)
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References 57 publications
(4 reference statements)
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“…Cameron, Proudman and Redding (2003) quote a body of empirical work in favour of positive influence of R&D on productivity growth. Important references include Griliches (1980), Griliches and Lichtenberg (1984), Mansfield (1980), Hall and Mairesse (1995), Griffith, Redding and Simpson (2004). The R&D capital model has been the ruling research paradigm to investigate the relationship between firms' innovation and productivity growth.…”
Section: Own Randd As a Determinant Of Firm's Innovation Activity And Omentioning
confidence: 99%
See 1 more Smart Citation
“…Cameron, Proudman and Redding (2003) quote a body of empirical work in favour of positive influence of R&D on productivity growth. Important references include Griliches (1980), Griliches and Lichtenberg (1984), Mansfield (1980), Hall and Mairesse (1995), Griffith, Redding and Simpson (2004). The R&D capital model has been the ruling research paradigm to investigate the relationship between firms' innovation and productivity growth.…”
Section: Own Randd As a Determinant Of Firm's Innovation Activity And Omentioning
confidence: 99%
“…The failure to better understand and to identify the exact mechanisms through which FDI facilitates knowledge spillovers is probably the main shortcoming of FDI spillovers' research (Griffith, Redding and Simpson 2004).…”
Section: Fdi Spilloversmentioning
confidence: 99%
“…In terms of empirical findings, most studies provide overwhelming support for the existence and the positive effect of FDI spillovers on domestic productivity. Despite the skepticism of early work in this area (Aitken and Harrison 1999;Djankov and Hoekman 2000), most of the recent studies document strong positive FDI spillovers from foreign R&D (Damijan et al 2003a;Griffith 2004;Haskel et al 2007;Krammer, 2010). These effects are commonly examined for inward FDI flows, although few studies present also evidence of "learning by investing" (i.e., outward FDI) for developed nations (Van Pottelsberghe and Lichtenberg 2001).…”
Section: Introductionmentioning
confidence: 99%
“…How multinational firms structure their operations globally is also of considerable interest because they make up a substantial proportion of employment in OECD economies. Bernard and Jensen (2005) report that US multinationals account for 26% of manufacturing employment in the US; in Great Britain in 2001 UK-owned multinationals accounted for 20% of manufacturing employment, with foreign-owned multinationals accounting for a further 25% (Griffith, Redding and Simpson, 2004). International restructuring can potentially affect large numbers, and particular groups of workers, and is of considerable interest to governments.…”
Section: Introductionmentioning
confidence: 99%