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Multinational Corporation Affiliates, Backward Linkages, and Productivity Spillovers in Developing and Emerging Economies : Evidence and Policy Making / Jacob A Jordaan.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Jordaan, Jacob A.
- Series:
- Policy research working papers.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Backward Linkage.
- Foreign Direct Investment.
- Governance.
- International Economics and Trade.
- Local Supplier.
- Multinational and Corporate Governance.
- Multinational Corporation.
- Policy Making.
- Productivity Spillover.
- Science and Technology Development.
- Technology Innovation.
- Technology Transfer.
- Local Subjects:
- Backward Linkage.
- Foreign Direct Investment.
- Governance.
- International Economics and Trade.
- Local Supplier.
- Multinational and Corporate Governance.
- Multinational Corporation.
- Policy Making.
- Productivity Spillover.
- Science and Technology Development.
- Technology Innovation.
- Technology Transfer.
- Physical Description:
- 1 online resource (42 pages)
- Other Title:
- Multinational Corporation Affiliates, Backward Linkages, and Productivity Spillovers in Developing and Emerging Economies
- Place of Publication:
- Washington, D.C. : The World Bank, 2020.
- System Details:
- data file
- Summary:
- Recent research on productivity spillovers from affiliates of multinational corporations in developing and emerging economies finds that backward linkages from affiliates of foreign-owned firms to local suppliers constitute the main channel transmitting productivity spillovers. This finding has important policy implications, given that host economy governments often spend considerable resources on attracting multinational corporation investments and promoting their impact on technological development and economic growth. This paper conducts a new and comprehensive survey of recent empirical studies that focus on the drivers and impacts of backward linkages between multinational corporation affiliates and their local suppliers. The literature survey reveals that several characteristics of multinational corporation affiliates and domestic firms, host economy conditions, and various mediating factors influence the level of use of local suppliers, the nature and degree of technology dissemination, and the materialization of productivity spillovers among domestic firms. These findings are used to identify the main areas where policy making can be effective. The paper discusses various types of soft or light-handed industrial policies that host economy governments can design and implement to foster the extent of linkages between multinational corporations and local suppliers, facilitate technology dissemination, and enhance productivity spillovers among domestic firms.
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