Friend or Foe? Revealing R&D spillovers from FDI in Indonesia

• Main Authors: Yasin, Mohammad Zeqi, Esquivias, Miguel Angel, Lau, Wee Yeap, Primanthi, Martha Ranggi
• Format: Article
• Published: Elsevier 2024
• Subjects: HB Economic Theory
• Online Access: http://eprints.um.edu.my/44784/; https://doi.org/10.1016/j.joitmc.2024.100209

The benefits of research and development (R&D) investment extend beyond the undertaking firms and may impact the wider economy through spillovers. This study examines the effect of Multinational Companies (MNCs)’ R&D intra-industrial spillovers on total factor productivity (TFP) using firm-l...