Chapter 21 international technology transfer and foreign direct investment bs javorcik university of oxford and cepr oxford uk outline introduction why should we expect fdi to be a source selection from the evidence and impact of financial globalization book. The international trade and foreign direct investment fdi activity of firms is a natural starting point for thinking about the international diffusion of technology first of all multinational firms those whose operations span several countries are among the most important technology producers in the world. Foreign direct investment and international technology transfer beata s javorcik september 3 2010 i introduction this paper reviews the evidence on international technology transfer taking place through flows of foreign direct investment fdi it starts by looking at arguments for why one. The evidence and impact of financial globalization is a collection of essays written by major specialists in each specific field of globalization ranging from aid foreign investment and migration to exchange rates international government debt and financial crisis. Chapter 19 international technology transfer investment and trade introduction intense international research and development rd activities in biotechnology have stimulated equally intense efforts to diffuse the resulting knowledge and to sell the products of the re search both in the united states and abroad
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