Absorptive capacity from foreign direct investment in Spanish manufacturing firms |
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| Institution: | 1. Universidad de Zaragoza, Department of Business Administration, Edificio Betancourt, Campus Río Ebro, 50018 Zaragoza, Spain;2. Centro Universitario de la Defensa de Zaragoza, Academia General Militar, 50090 Zaragoza, Spain;3. Universidad de Vigo, Department of Business Administration, Campus Lagoas Marcosende, 36310 Vigo, Spain |
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| 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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| Keywords: | Absorptive capacity Foreign direct investment Productivity Internationalization Dynamic capabilities |
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