Universidad Complutense de Madrid
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Estimating technological spillover effects in presence of knowledge heterogeneous foreign subsidiaries: Evidence from Colombia

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Albis, Nadia y Álvarez, Isabel (2017) Estimating technological spillover effects in presence of knowledge heterogeneous foreign subsidiaries: Evidence from Colombia. [ Working Papers; nº 04, 2017, ISSN: 2530-0849 ]

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This paper analyses the effects of heterogeneous foreign subsidiaries in the generation of knowledge spillovers beneficial for domestic owned firms. The empirical analysis uses firm-level panel data for manufacturing firms in Colombia for the period 2003-2012. We identify two different types of subsidiaries according to their technological responsibilities and mandates, to empirically test the existence of differential effects on domestic firms’ productivity. Our results confirm that only those subsidiaries oriented to creative technological activities exert significant and positive effects, while those subsidiaries oriented to exploitative technological activities do not generate knowledge spillover effects. These findings contribute to arguments in the existing literature supporting the distinctive role and relevance of heterogeneous foreign subsidiaries in developing host contexts.


Tipo de documento:Documento de trabajo o Informe técnico
Palabras clave:Technological spillovers; Multinational; Subsidiaries; Firms; Heterogeneity
Materias:Ciencias Sociales > Economía > Economía internacional
Ciencias Sociales > Economía > Empresas
JEL:F23, L6, O19, O33
Título de serie o colección:Working Papers
Volumen:2017
Número:04
Código ID:42522
Depositado:08 May 2017 12:41
Última Modificación:23 Jun 2017 11:27

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