Absorptive capacity from foreign direct investment in Spanish manufacturing firms
UNIVERSAL IDENTIFIER: http://hdl.handle.net/11093/1692
EDITED VERSION: https://linkinghub.elsevier.com/retrieve/pii/S0969593113000942
DOCUMENT TYPE: article
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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