Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/267754 
Authors: 
Year of Publication: 
2022
Series/Report no.: 
ADBI Working Paper No. 1321
Publisher: 
Asian Development Bank Institute (ADBI), Tokyo
Abstract: 
The paper examines the impact of foreign-licensed technology and identifies channels to effectively leverage such technology to improve the performance of manufacturing firms in the Philippines. Using the fixed effects approach to World Bank Enterprise Survey panel data for the Philippines covering 2009 and 2015, the paper finds no statistically significant impact of introducing foreign-licensed technology to manufacturing firms in terms of annual sales, employment, and energy intensity. Interestingly, the impact is more pronounced and significant among manufacturing firms that conduct workforce trainings, thereby improving absorptive capacity through better quality of labor. The empirical findings call for the Philippine government to bolster skills training and human capital formation initiatives, further incentivizing in-house training, to support the advancement of local absorptive capacity and better assimilate the use of foreign technologies.
Subjects: 
technology transfer
technology licensing
firm performance
local absorptive capacity
Philippines
JEL: 
L24
L25
L60
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

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