multinational firms

Turning Costs into Capabilities
LUNDAN, Sarianna M. | LI, J. T.

For multinational enterprises (MNEs), expanding internationally into untapped markets can be costly. Promisingly, however, such expansion also offers opportunities to gain competitive advantages. Such opportunities have been negle ...

Technology Innovation, Entrepreneurship, and Intellectual Property: Local Technology Spillovers of Multinational Firms

This paper identifies the causal effect of U.S. multinationals’ technology shocks on their subsidiaries’ and nearby domestic firms’ productivity in China. By combining firm-level data from both the U.S. and China ...