Innovation and Foreign Ownership

Guadalupe, María; Kuzmina, Olga; Thomas, Catherine

doi:10.1257/aer.102.7.3594

Cited by 407 publications

(137 citation statements)

References 41 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…However, it doesn't means that the reaction has reached to the "Pareto Optimal State", especially when it comes to the sustainable development of the enterprises. And as is known to all, the real estate industry will not be prosperous all the time, once the financial crisis break out again, it must endanger the subsistence and development of the firms [2]. In short, it can effectively provide the firms with the reference frame to research the impact of the house price on the firm innovation.…”

Section: Introductionmentioning

confidence: 99%

House Price, Ownership Type and Firm Innovation

Wang¹

2017

JSS

View full text Add to dashboard Cite

This paper chooses the data of high-tech enterprises in China from 2007 to 2014, and investigates the impact of house price on firm innovation. The conclusion is that the house prices are significantly negatively related to the firm innovation, and compared to the prices of the operating buildings and the office buildings, the negative effect of the increasing price of commercial buildings as a whole, residential buildings (large categories), or other commercial building in the similar category is more significant. Besides, the paper also found that the negative effect on state-owned enterprise innovation is more significant than the non-state-owned enterprise innovation. The conclusion of this paper has a certain guiding significance for exploring the negative impact of rising house prices on the enterprise innovation.

show abstract

Section: Introductionmentioning

confidence: 99%

House Price, Ownership Type and Firm Innovation

Wang¹

2017

JSS

View full text Add to dashboard Cite

show abstract

“…However, in their empirical approach they cannot claim to establish causal relationships. Another related paper is Guadalupe et al (2012), who investigate the link between foreign acquisition and innovation activity using firm level data for Spain. They also use a propensity score reweighting estimator, though not a doubly-robust estimator.…”

mentioning

confidence: 99%

Investment liberalisation, technology take-off and export markets entry: Does foreign ownership structure matter?

Girma

Gong

Görg

et al. 2015

Journal of Economic Behavior & Organization

View full text Add to dashboard Cite

Abstract:Before and after its accession to the WTO in 2001, China has undergone a far-reaching investment liberalisation. As part of this, existing restrictions on foreign ownership structure and mandatory export and technology transfer requirements imposed on foreign firms have been lifted in a number of industries. Against this background we identify the causal effects of foreign acquisitions on export market entry and technology take-off and evaluate whether the level of foreign ownership plays a role in stimulating these changes. Using doubly robust propensity score reweighted bivariate probit regressions to control for the selection bias associated with firm level foreign acquisition incidences, we uncover strong but heterogeneous positive effects on export activity for all types of foreign ownership structure. We also find that minority foreign owned acquisition targets experience higher likelihood of R&D, providing evidence that joint ventures can contribute positively to China's "science and technology take-off".

show abstract

“…Harris and Robinson (2002), Benfratello and Sembenelli (2006), Chen (2011), Balsvik and Haller (2010) and Guadalupe et al (2010) have previously shown that foreign MNEs are more likely to select domestic firms that are more productive, larger and more likely to conduct R&D. We build on that analysis to include the knowledge inputs used by firms. There also exists from Veugelers and Cassiman (2004), Criscuolo et al (2010) and Wagner (2006) cross-sectional evidence of differences in the type of knowledge inputs used by MNEs and non-MNEs.…”

Section: Introductionmentioning

confidence: 99%

“…As an example, Bandick et al (2010) and Bertrand (2009) find that R&D expenditures rose following foreign acquisition, while Stiebale and Reize (2011) report they fell. More recently Guadalupe et al (2010) have shown that the type of innovation (product or process) as well as other firm investments, including efforts to assimilate foreign technologies and purchases of new machinery and organisation practices, change in the post-acquisition period. Our evidence contributes to this literature by offering a more disaggregated study of the effects of acquisition FDI on R&D and in so doing sheds some light onto why the post-acquisition improvement in productivity in the target firm might occur.…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

The Internationalisation of R&D and the Knowledge Production Function

2012

View full text Add to dashboard Cite

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte.

show abstract

Innovation and Foreign Ownership

Cited by 407 publications

References 41 publications

House Price, Ownership Type and Firm Innovation

House Price, Ownership Type and Firm Innovation

Investment liberalisation, technology take-off and export markets entry: Does foreign ownership structure matter?

The Internationalisation of R&D and the Knowledge Production Function

Contact Info

Product

Resources

About