Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/54431
Authors: 
Díaz Díaz, N. L.
Aguiar Díaz, I.
Saá Pérez, P. de
Year of Publication: 
2007
Citation: 
[Journal:] Investigaciones europeas de dirección de la empresa (IEDEE) [ISSN:] 1135-2523 [Volume:] 13 [Year:] 2007 [Issue:] 3 [Pages:] 57-76
Abstract: 
The aims of this work are to analyze the relationship between the existence of foreign investors' ownership on the firm and the firm's innovation probability, and to examine the influence of the foreign ownership on the level of firm's innovation. To that end, an empirical study was conducted of 1267 Spanish industrial firms in the 1998-2002 period. The results reveal that the existence of foreign owners has a negative effect on firm's innovation probability. Moreover, when the level of foreign ownership is considered the results shown that the foreign ownership concentration present a non-linear (-/+) relationship with the level of firm's innovation.
Subjects: 
foreign ownership
innovation
ownership structure
foreign direct investment (FDI)
Document Type: 
Article

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