Absorptive capacity from foreign direct investment in Spanish manufacturing firms

Pedro Sánchez‐Sellero · Jorge Rosell Martínez · José Manuel García‐Vázquez

77 citations0/0 files storedInternational Business Review

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International Business and FDI Innovation and Knowledge Management Firm Innovation and Growth

Abstract

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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References

1991Firm Resources and Sustained Competitive Advantage 2004Firm resources and sustained competitive advantage 1990Absorptive Capacity: A New Perspective on Learning and Innovation 1997Dynamic capabilities and strategic management 1991Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations 1997A Survey of Corporate Governance 1997The Knowledge-creating company: How Japanese companies create the dynamics of innovation 1993The cornerstones of competitive advantage: A resource‐based view

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