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Absorptive capacity from foreign direct investment in Spanish manufacturing firms

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Absorptive capacity from foreign direct investment in Spanish manufacturing firms

Sánchez Sellero, Pedro; Rosell Martínez, Jorge; García Vázquez, José Manuel
 
DATE : 2014-04
UNIVERSAL IDENTIFIER : http://hdl.handle.net/11093/1692
UNESCO SUBJECT : 5311 Organización y Dirección de Empresas ; 5304.04 Comercio Exterior
DOCUMENT TYPE : article

ABSTRACT :

This paper deals with the determinants of absorptive capacity from foreign direct investment (FDI) spillovers. We study how firm behavior, capabilities, and structure drive absorptive capacity such as research and development (R&D) activities and expenditures, R&D results, internal organization of innovation, external relationships of innovation, human-capital quality, family management, business complexity, and market concentration. Our results enhance and complement previous evidence of the determinants of absorptive capacity, particularly with different approaches to innovative activities as mediators of the capability.

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