Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This paper studies the impact of foreign direct investment on domestic firms' innovation in China. It provides causal evidence by exploiting China's foreign direct investment deregulation in 2002 and employs a difference-in-difference estimation strategy. Using a matched firm-patent data set from 1998 to 2007, the results show that the quantity and quality of domestic firms' innovation benefit from foreign direct investment. Moreover, the paper emphasizes the importance of knowledge spillover from foreign direct investment in similar technology domains. The analysis examines the role of horizontal foreign direct investment and foreign direct investment in technologically close industries'industries that share similar technology domains. The findings show that foreign direct investment in technologically close industries generates much bigger positive spillovers than horizontal foreign direct investment. The paper also shows that knowledge spillover from foreign direct investment in similar technology domains is not driven by input-out linkages. Moreover, the spillover effect is stronger in cities with higher human capital stock and firms with higher absorptive capacity.

Business Environment --- Firm Innovation --- Foreign Direct Investment --- Innovation --- International Economics and Trade --- Private Sector Development --- Private Sector Economics --- Spillover Effect --- Technology Closeness

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

"China Ready! prepares students and independent learners to work in the hospitality and tourism industry for high value tourism business coming from China to English speaking countries. The book focuses on listening and speaking skills, essential skills for the learners. Features include: Important cultural and social awareness when interacting with clients from China are clarified and put into context ; Covers the vocabulary and situations one may experience in real life contexts; Situational role plays and interactive listening; For each chapter there is an 'Experiential Exercise' to encourage learning outside the classroom. The book is aimed at students who have attained the CEFR A2 level and will bring them up to the CEFR B2/C1 level or HSK 4/5"--

Chinese language --- English --- Spoken Chinese

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This paper exploits a tax reform on manufacturing firms in China to study the impact of taxes on firm innovation. The reform switched the corporate income tax collection from the local to the state tax bureau and reduced the effective tax rate by 10%. The reform only applied to firms established after January 2002, allowing us to use regression discontinuity design as the identification strategy. The results show that lower taxes improved both quantity and quality of firm innovation. Moreover, the reform has a bigger impact on firms that are financially constrained and firms that engage more in tax evasion.