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Is FDI the most important source of international technology transfer? Panel Data evidence from the UK

Mayanja, Abubaker B. (2003): Is FDI the most important source of international technology transfer? Panel Data evidence from the UK.

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Abstract

This study examines the different sources of international technology transfer to 205 UK industries in a panel running from 1979-1991. FDI is found to be more important than trade in the transfer of knowledge to UK industries. The estimated elasticities have a range; in the static model that looks at the long run relationship between FDI and value added the estimated elasticity is 0.24.

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