Do multinationals' r&d activities stimulate indigenous entrepreneurship?
Subtitle: evidence from china's "silicon valley
By: Hongbin Cai, Yasuyuki Todo, Li-An Zhou
Contributors: Todo, Yasuyuki; Zhou, Li-An; National Bureau of Economic Research
Series: NBER working paper series -- working paper 13618; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 13618.
Publisher: National Bureau of Economic Research
Published: 2007
Place of publication: Cambridge, MA
Language: eng
Format: [electronic resource]
Description: "Using a unique firm-level dataset from China's "Silicon Valley," we investigate how multinational enterprises (MNEs) affect local entrepreneurship and R&D activities upon entry.  We find that R&D activities of MNEs in an industry stimulate entry of domestic firms into the same industry and enhance R&D activities of newly entering domestic firms.  By contrast, MNEs' production activities or domestic firms' R&D activities do not have such effect.  Since MNEs are technologically more advanced than domestic firms, our findings suggest that diffusion of MNEs' advanced knowledge to potential indigenous entrepreneurs through MNEs' R&D stimulates entry of domestic firms"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 12/5/2007.

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