scholarly journals Dampak Spillover Penanaman Modal Asing terhadap Produktivitas Industri Manufaktur Medium-High Technology di Indonesia

2020 ◽  
Vol 12 (1) ◽  
pp. 1-17
Author(s):  
Samuel Kharis Harianto ◽  
Dyah Wulan Sari

This study examines the impact of foreign presence in the Medium-High and High technology manufacturing industry in Indonesia. Using a balanced panel data that consists of 2,397 firms and in the year of 2010-2014, the data was estimated using the multiple regression method. The results show that there is positive spillover when local and foreign firms are in the same industry. Conversely, in different industries, negative spillover occurs in forward linkage when local firms buy the output of foreign firms and no spillover occurs in backward linkage when local firms become the suppliers of foreign firms. The Indonesian government must assure that foreign investment policies must benefit the domestic companies, considering there are some potential losses for domestic enterprises by the presence of foreign direct investment in the domestic market.

2013 ◽  
Vol 30 (2) ◽  
pp. 49-75 ◽  
Author(s):  
Fredrik Sjöholm ◽  
Nannan Lundin

The People's Republic of China (PRC) is currently promoting indigenous technology development through support of Chinese firms and, arguably, by restricting operations of foreign multinational firms. This policy seems to overlook the impact of foreign firms on technology development in local firms. For instance, technology might leak out to local firms though spillovers. Moreover, competition from foreign firms might force local firms to engage in technology development. We examine the impact of foreign direct investment (FDI) on technology development in the PRC. We start by surveying a large and growing literature on FDI and spillovers in the country. Most previous studies find evidence of positive spillovers. We then continue to examine the effect of FDI on competition in the Chinese manufacturing sector and the effect of competition on firms’ research and development (R&D). Our analysis is conducted on a large dataset including all large- and medium-sized Chinese firms over the period 1998–2004. Our results show that FDI increases competition but there are no strong indications of competition affecting investments in R&D.


Author(s):  
Alper Sönmez ◽  
Mehmet Teoman Pamukçu

Technology spillovers from foreign to local firms in emerging economies are considered to be the most important channel through which Foreign Direct Investment (FDI) influences the host economy. Empirical evidence about the existence, magnitude, and direction of FDI-related spillovers in these countries is contradictory, pointing to the necessity of conducting more econometric studies using firm-level data. The authors conduct an econometric analysis to assess the impact of FDI-related horizontal technology spillovers on output growth of local firms in the Turkish manufacturing industry over 2003-2006. When a broad definition of foreign ownership is adopted, their findings suggest that horizontal spillovers occur from foreign to local firms in the sector of activity. Export-oriented firms do not benefit from these spillovers in contrast to firms producing mainly for the local market. However, when foreign ownership is defined according to whether the minority or majority of capital is detained by the foreign partner, horizontal spillovers seem to originate from foreign firms with majority or full foreign ownership, while no such effect is associated with minority-owned foreign firms.


2021 ◽  
Author(s):  
Fikret Bostan ◽  
Metin Karadağ

The increasing pressure of competition in a globalizing world forces the countries that aim to grow rapidly to strengthen their market share. This requires technological innovation, and its primary source is scientific knowledge. Hence, the main aim of this study is to investigate the determining role of the sectoral technology intensity on the impact of international technology spillovers channels on innovation performance. For the aim of the study, 900 observations that belong to 320 firms for the period of 2009–2016 are obtained by matching approximately 350.000 of the survey data of the Business Statistics, Research and Development. Activities and Innovation provided by TUİK. Findings estimated by the System Generalized Method of Moments (SGMM) indicate that technology absorptive capacity has a positive and significant effect on the innovation performance of the firms operating only in high-tech industries. Foreign Direct Investments (FDI) has a stronger effect on firms' innovation performance in low-technology-intensive sectors than in high-tech-intensive sectors. There is no significant difference between sectoral technology intensities in the effect of export activities on innovation performance of firms. On the other hand, technology transfer expenditures have a statistically slightly positive and significant effect only for firms operating in high-technology-intensive sectors. Consequently, the government should support high technology intensive sectors instead of traditional low technology intensive sectors in order to benefit more from the international technology diffusion channels in Turkish manufacturing industry. This strategy can lead to a long-term economic growth.


2017 ◽  
Vol 2 (1) ◽  
Author(s):  
Nadia Ilmi JDE

High-technology product is highly depend on science and technology innovation that leads to renewal or improvement of products and services. Foreign direct investment has spillover effects in the form of transfer of foreign technology, managerial capabilities, and improved international competitiveness for domestic companies. The objectives of the study is to analyze the impact of innovation and Foreign Direct Investment (FDI) on the export of high-technology products Asian-10 countries. This study utilize the gravity model framework and panel dataset from 10 countries in Asian and 29 trading partners country with the period from 2006 to 2013. The results show that innovation of exporter countries, FDI of exporter and importer countries, as well as the interaction between FDI and innovation of exporter countries have a positive and significant impact, and the interaction between FDI and innovation of importer countries have a negative and significant impact on exports of high-technology Asian-10. In this study also found that the innovation of importer countries do not have a significant impact on the export of high-technology products Asian-10 countries from 2006 to 2013.


2019 ◽  
Vol 118 (2) ◽  
pp. 7-12
Author(s):  
Ok-Hee Park ◽  
Kwan-sik Na ◽  
Seok-Kee Lee

Background/Objectives: The purpose of the paper is to examine how family-friendly certificates introduced to pursue the compatibility of work and family life affect the financial performance of small and medium-sized manufacturers, and to provide useful information to companies considering the introduction of this system in the future.


2021 ◽  
Vol 33 (1) ◽  
Author(s):  
Emily Chang ◽  
Kenneth Zhang ◽  
Margaret Paczkowski ◽  
Sara Kohler ◽  
Marco Ribeiro

Abstract Background This study seeks to answer two questions about the impacts of the 2020 Environmental Protection Agency’s enforcement regulation rollbacks: is this suspension bolstering the economic viability of industries as oil and manufacturing executives claim they will and are these regulations upholding the agency’s mission of protecting the environment? Results To answer the former question, we utilized 6 months of state employment level data from California, United States, as a method of gauging the economic health of agency-regulated industries. We implemented a machine learning model to predict weekly employment data and a t-test to indicate any significant changes in employment. We found that, following California's state-issued stay-at-home order and the agency’s regulation suspension, oil and certain manufacturing industries had statistically significant lower employment values. To answer the latter question, we used 10 years of PM2.5 levels in California, United States, as a metric for local air quality and treatment–control county pairs to isolate the impact of regulation rollbacks from the impacts of the state lockdown. Using the agency’s data, we performed a t-test to determine whether treatment–control county pairs experienced a significant change in PM2.5 levels. Even with the statewide lockdown—a measure we hypothesized would correlate with decreased mobility and pollution levels—in place, counties with oil refineries experienced the same air pollution levels when compared to historical data averaged from the years 2009 to 2019. Conclusions In contrast to the expectation that the suspension would improve the financial health of the oil and manufacturing industry, we can conclude that these industries are not witnessing economic growth with the suspension and state shutdown in place. Additionally, counties with oil refineries could be taking advantage of these rollbacks to continue emitting the same amount of PM2.5, in spite of state lockdowns. For these reasons, we ask international policymakers to reconsider the suspension of enforcement regulations as these actions do not fulfill their initial expectations. We recommend the creation and maintenance of pollution control and prevention programs that develop emission baselines, mandate the construction of pollution databases, and update records of pollution emissions.


2021 ◽  
Vol 13 (11) ◽  
pp. 6294
Author(s):  
Peiqing Zhu ◽  
Jianbo Song

Internal control plays a role in risk prevention for firms when dealing with serious emergencies, which ensures the sustainable development of firms during a crisis. Based on the rapid outbreak of COVID-19 in China, this paper empirically tests whether internal control alleviates the negative impact of the pandemic on firm performance. Using a sample of Chinese listed firms from the first quarter of 2019 to the third quarter of 2020 and employing the difference-in-difference (DID) method, we find that the firms with a higher quality of internal control achieve better financial performance during the pandemic period; the more serious the pandemic is, the more obvious effect internal control plays. Furthermore, we consider the industry heterogeneity and firm heterogeneity of the risk resistance effect of internal control. In the manufacturing industry, which is a “disaster zone” of the pandemic, and the non-high-tech industry with a low degree of digitization, internal control can play a more important role in firms’ performance. Moreover, for state-owned enterprises, and firms with strong financing constraints, the role of internal control is more prominent. The above results provide empirical evidence for the risk prevention function of internal control and shed new light on the measures for firms to resist emergencies in the future.


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