Sangam: A Confluence of Knowledge Streams

Foreign Direct Investment, Access to Finance, and Innovation Activity in Chinese Enterprises

Show simple item record

dc.creator Girma, Sourafel
dc.creator Gong, Yundan
dc.creator Görg, Holger
dc.date 2012-03-30T07:12:37Z
dc.date 2012-03-30T07:12:37Z
dc.date 2008-05-30
dc.date.accessioned 2023-02-18T19:41:15Z
dc.date.available 2023-02-18T19:41:15Z
dc.identifier World Bank Economic Review
dc.identifier 1564-698X
dc.identifier http://hdl.handle.net/10986/4484
dc.identifier.uri http://localhost:8080/xmlui/handle/CUHPOERS/249969
dc.description A recent, comprehensive database is used to investigate the link between inward foreign direct investment (FDI) and innovation activity in China. The results of the analysis suggest that private and collectively owned firms with foreign capital participation and those with good access to domestic bank loans innovate more than other firms do. Among enterprises not owned by the state, inward FDI at the sectoral level is positively associated with domestic innovative activity only among firms that engage in their own research and development or that have good access to domestic finance. At the sector level the effect of inward FDI into technology transfer is distinguished from the effect on domestic credit opportunities. FDI affecting credit is of little significance for state-owned enterprises and is independent of their access to finance. In contrast, better access to credit is an important channel through which FDI affects the innovation of domestic private and collectively owned enterprises.
dc.publisher World Bank
dc.rights CC BY-NC-ND 3.0 IGO
dc.rights http://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights World Bank
dc.subject access to credit
dc.subject access to finance
dc.subject bank
dc.subject bank loans
dc.subject capital
dc.subject credit
dc.subject credit opportunities
dc.subject economic reforms
dc.subject enterprises
dc.subject foreign direct investment
dc.title Foreign Direct Investment, Access to Finance, and Innovation Activity in Chinese Enterprises
dc.type Journal Article
dc.type Journal Article
dc.coverage East Asia and Pacific
dc.coverage China


Files in this item

Files Size Format View
wber_22_2_367.pdf 101.4Kb application/pdf View/Open

This item appears in the following Collection(s)

Show simple item record

Search DSpace


Advanced Search

Browse