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Multinational Enterprises and Technological Spillovers
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An analysis of the impact of inward investment on the competitiveness of indigenous firms, Multinational Enterprises and Technological Spillovers draws on evidence from the UK and Italian manufacturing sectors to show how foreign presence may generate both virtuous and vicious circles of development according to a number of interrelated factors. These include the level of the foreign presence, its rate of increase, the technological disparities between foreign and indigenous firms and the p...