ǂa ǂSouth African firm-level investigation

Abstract

This article studies the contribution of technological and knowledge spillovers towards the competitiveness of South African manufacturing firms. Literature often emphasizes the role of foreign direct investment (FDI), technology, and research and development (R&D) in spillovers, but seldom consider their effect simultaneously. This study focuses on the micro-economic production level and on the interaction of these factors. It determines their influence on the competitiveness, profits and eventual industrial development. The empirical study utilised data from the World Banks firm-level survey on South African manufacturers. The study reveals that direct foreign investments and ownership contribute little towards secondary spillovers, which probably depends on absorptive capacity. Technological advancement is not very significant, while research and development are dependent on absorptive capacity to enhance competitiveness, especially with regard to the investment in human capital. International quality certification, foreign licensing and capacity utilisation all contribute positively towards the ability to enhance productivity growth and the competitiveness of firms.

Keywords

production;spillovers;foreign direct investments;technology;R&D;competitiveness;industrial development;

Data

Language: English
Year of publishing:
Typology: 1.01 - Original Scientific Article
Organization: UP FM - Faculty of Management Koper
UDC: 339.9:336.581
COBISS: 4638935 Link will open in a new window
ISSN: 1854-6935
Parent publication: Managing global transitions
Views: 2509
Downloads: 72
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Other data

Secondary language: Slovenian
Secondary keywords: proizvodnja;učinki prelivanj;investicije;neposredna tuja vlaganja;tehnologije;raziskave in razvoj;industrijski razvoj;konkurenčnost;
URN: URN:NBN:SI
Type (COBISS): Not categorized
System comment: Sistemske zahteve: Adobe Reader
Pages: str. 341-359, 419-420
Volume: ǂVol. ǂ10
Issue: ǂno. ǂ4
Chronology: Winter 2012
Keywords (UDC): social sciences;družbene vede;economics;economic science;ekonomija;ekonomske vede;trade;commerce;international economic relations;world economy;trgovina;tržišče;marketing;international economy generally;international economic relations;global economy;mednarodno gospodarstvo;mednarodni gospodarski odnosi;svetovno gospodarstvo;social sciences;družbene vede;economics;economic science;ekonomija;ekonomske vede;finance;finance;public expenditure;state expenditure;javna poraba;javni izdatki;javnofinančni odhodki;državna poraba;državni izdatki;
ID: 78150