Template-type: ReDIF-Paper 1.0  
Author-Name: Nadia Albis
Author-Workplace-Name: Instituto Complutense de Estudios Internacionales (ICEI) and Observatorio Colombiano de Ciencia y Tecnología.
Author-Name: Isabel Álvarez
Author-Workplace-Name: Instituto Complutense de Estudios Internacionales (ICEI). Universidad Complutense de Madrid.
Title: Estimating technological spillover effects in presence of knowledge heterogeneous foreign subsidiaries: Evidence from Colombia
Abstract: This paper analyses the effects of heterogeneous foreign subsidiaries in the generation of knowledge spillovers beneficial for 
	domestic owned firms. The empirical analysis uses firm-level panel data for manufacturing firms in Colombia for the period 2003-2012. 
	We identify two different types of subsidiaries according to their technological responsibilities and mandates, to empirically test the 
	existence of differential effects on domestic firms’ productivity. Our results confirm that only those subsidiaries oriented to 
	creative technological activities exert significant and positive effects, while those subsidiaries oriented to exploitative 
	technological activities do not generate knowledge spillover effects. These findings contribute to arguments in the existing literature 
	supporting the distinctive role and relevance of heterogeneous foreign subsidiaries in developing host contexts.
Keywords:
 Technological spillovers; Multinational; Subsidiaries; Firms; Heterogeneity.
Creation-Date: 2017
Length: 33 pages
Number: 1704
X-File-Ref: http://america.sim.ucm.es/repec/ucm/ref/wpaper17-04.txt
File-URL: https://eprints.ucm.es/id/eprint/42522/1/WP%2004-17.pdf
File-Format: Application/pdf
File-Function: Full text
Handle: RePEc:ucm:wpaper:1704