Collecting the Pieces of the FDI Knowledge Spillovers Puzzle

Recent surveys of the empirical literature have concluded that the evidence is mixed on the magnitude, direction, and even existence of knowledge spillovers from foreign direct investment (FDI). This article reviews the recent theoretical and empirical literature that responds to these inconclusive...

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Main Author:	Smeets, Roger
Format:	Journal Article
Published:	World Bank 2012
Subjects:	doi economic development economics externalities fdi foreign direct investment host country intellectual property knowledge economy knowledge production knowledge transfer licensing market structure multinational enterprise network externalities patents practices of multinational property rights technology transfer vertical linkages
Online Access:	http://hdl.handle.net/10986/4417

id	okr-10986-4417
recordtype	oai_dc
spelling	okr-10986-44172021-04-23T14:02:17Z Collecting the Pieces of the FDI Knowledge Spillovers Puzzle Smeets, Roger doi economic development economics externalities fdi foreign direct investment host country intellectual property knowledge economy knowledge production knowledge transfer licensing market structure multinational enterprise network externalities patents practices of multinational property rights technology transfer vertical linkages Recent surveys of the empirical literature have concluded that the evidence is mixed on the magnitude, direction, and even existence of knowledge spillovers from foreign direct investment (FDI). This article reviews the recent theoretical and empirical literature that responds to these inconclusive results and considers three main issues: spillover channels, mediating factors, and FDI heterogeneity. Studies that take into account individual spillover channels find robust evidence of knowledge spillovers from FDI. Studies on the importance of mediating factors and FDI heterogeneity are less conclusive and could benefit from greater convergence in methodologies and greater specificity in the spillover channels of interest. More generally, many studies do not properly distinguish between knowledge spillovers and knowledge transfers, and empirical studies seem to greatly outnumber theoretical studies. 2012-03-30T07:12:34Z 2012-03-30T07:12:34Z 2008-09-01 Journal Article World Bank Research Observer 1564-6971 http://hdl.handle.net/10986/4417 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank World Bank Journal Article East Asia and Pacific China
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
topic	doi economic development economics externalities fdi foreign direct investment host country intellectual property knowledge economy knowledge production knowledge transfer licensing market structure multinational enterprise network externalities patents practices of multinational property rights technology transfer vertical linkages
spellingShingle	doi economic development economics externalities fdi foreign direct investment host country intellectual property knowledge economy knowledge production knowledge transfer licensing market structure multinational enterprise network externalities patents practices of multinational property rights technology transfer vertical linkages Smeets, Roger Collecting the Pieces of the FDI Knowledge Spillovers Puzzle
geographic_facet	East Asia and Pacific China
description	Recent surveys of the empirical literature have concluded that the evidence is mixed on the magnitude, direction, and even existence of knowledge spillovers from foreign direct investment (FDI). This article reviews the recent theoretical and empirical literature that responds to these inconclusive results and considers three main issues: spillover channels, mediating factors, and FDI heterogeneity. Studies that take into account individual spillover channels find robust evidence of knowledge spillovers from FDI. Studies on the importance of mediating factors and FDI heterogeneity are less conclusive and could benefit from greater convergence in methodologies and greater specificity in the spillover channels of interest. More generally, many studies do not properly distinguish between knowledge spillovers and knowledge transfers, and empirical studies seem to greatly outnumber theoretical studies.
format	Journal Article
author	Smeets, Roger
author_facet	Smeets, Roger
author_sort	Smeets, Roger
title	Collecting the Pieces of the FDI Knowledge Spillovers Puzzle
title_short	Collecting the Pieces of the FDI Knowledge Spillovers Puzzle
title_full	Collecting the Pieces of the FDI Knowledge Spillovers Puzzle
title_fullStr	Collecting the Pieces of the FDI Knowledge Spillovers Puzzle
title_full_unstemmed	Collecting the Pieces of the FDI Knowledge Spillovers Puzzle
title_sort	collecting the pieces of the fdi knowledge spillovers puzzle
publisher	World Bank
publishDate	2012
url	http://hdl.handle.net/10986/4417
_version_	1764391269594824704

Collecting the Pieces of the FDI Knowledge Spillovers Puzzle

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