Business, Management and Accounting
8 years ago

Foreign investment boosts national productivity through technology transfer and education.

International Research and Development Spillovers through Foreign Direct Investment and Productivity Growth
Philip Bodman, Thi Minh Nguyet Le

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The article explores how foreign investment can boost a country's productivity by transferring technology. It looks at 15 OECD countries to see if foreign investment helps share research and development knowledge. The study finds that foreign investment can help countries learn from each other's technology. It also shows that investing in education can improve a country's ability to benefit from foreign technology.