Institutional Differences, Foreign Ownership Modes, Marketing Capabilities and Domestic Technological Catch-up: Evidence from India
| Autor: | Yang Song, Ziko Konwar, Ron Berger |
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| Rok vydání: | 2019 |
| Předmět: | |
| Zdroj: | Science, Technology and Society. 24:338-364 |
| ISSN: | 0973-0796 0971-7218 |
| Popis: | © 2019 SAGE Publications. This research examines FDI-mediated domestic firms’ technological catch-up by considering institutional differences between home and host countries, the role of marketing capabilities, and the joint effects of institutional differences and the degree of foreign ownership. Using firm-level panel data for Indian manufacturing industries, we find that FDI-mediated technological catch-up in domestic firms is conditional on institutional differences between the home and host country of multinational enterprises and the level of marketing capabilities of foreign-owned affiliates. In addition, we find that technological catch-up in domestic firms is likely to be positively influenced by the presence of wholly foreign-owned firms from institutionally close countries, whereas we find some evidence that the presence of minority foreign-owned firms may have a negative effect on domestic technological catch-up, regardless of institutional differences. We also provide theoretical and policy implications of our findings. |
| Databáze: | OpenAIRE |
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