Foreign direct investments and spillovers through Workers' Mobility

Fosfuri, Andrea; Motta, Maximo; Rønde, Thomas

Publication:
Foreign direct investments and spillovers through Workers' Mobility

dc.affiliation.dpto	UC3M. Departamento de Economía de la Empresa	es
dc.contributor.author	Fosfuri, Andrea
dc.contributor.author	Motta, Maximo
dc.contributor.author	Rønde, Thomas
dc.contributor.other	Department of Economics and Business, Universitat Pompeu Fabra
dc.date.accessioned	2010-02-05T12:53:23Z
dc.date.available	2010-02-05T12:53:23Z
dc.date.issued	1998
dc.description.abstract	We analyze a model where a multinational firm can use its superior technology in a foreign subsidiary only after appropriate training of local managers. Technological spillovers from foreign direct investment arise when such managers are later hired by a local firm. Benefits for the host economy may also take the form of the rent that trained managers receive by the foreign affiliate to prevent them from moving to local competitors. We study conditions under which technological spillovers occur. We also show that under certain circumstances the multinational firm might find it optimal to resort to export instead of foreign direct investment, to avoid dissipation of its intangible assets.
dc.format.mimetype	application/pdf
dc.identifier.uri	http://hdl.handle.net/10016/6778
dc.language.iso	eng
dc.relation.hasversion	http://hdl.handle.net/10016/13207
dc.relation.ispartofseries	Economics Working Papers
dc.relation.ispartofseries	258
dc.rights	Atribución-NoComercial-SinDerivadas 3.0 España
dc.rights.accessRights	open access
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.eciencia	Empresa
dc.subject.jel	F23
dc.subject.jel	J63
dc.subject.jel	O12
dc.subject.other	Multinational corporations
dc.subject.other	Externalities
dc.subject.other	Training
dc.subject.other	Labor mobility
dc.title	Foreign direct investments and spillovers through Workers' Mobility
dc.type	working paper	*
dspace.entity.type	Publication