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外文翻译
原文
FDI and Technology Spillover: An Evaluation across Different Clusters in India
Material Source:Journal of the Asia Economy Author: Smruti Ranjan Behera
The present analysis tries to explore the impact of FDI particularly its technology
spillover effect within or between selected industries of Indian manufacturin in
different select clusters across four regions in India. To measure the spillover effect of
a particular cluster this analysis develops an innovative production function which
allows for measuring the inter-cluster technology spillover across different clusters in
India. The specification of the production function is to measure the technology
spillover across different clusters in India and its inter-cluster spillover analysis with
respect to some basic parameter in the model. It accounts for the role of investment
climate to measure the spillover effect of a particular cluster in India. The empirical
findings reveal that some clusters benefit more from the foreign counterparts due to
more technological stock in cluster/region and cluster-specific effect and other
intermediate factors. Furthermore, technology spillover intensity in some clusters
seems to be strongly affected by geographical location and the better investment
climate of these regions.
1. Introduction:
One of the aims in attracting FDI by developing countries is improvement of
regional development. Havin firms locate in undeveloped and developed regions
provides a direct impact in terms of employment and capital creation given the
underutilization of resources prior to the entry, and a potential indirect effect via
spillovers to local firms. Multinational firms operating in emerging markets transfer
technology to local suppliers to increase their productivity and this transfer generates
greater co
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