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- W2025306877 abstract "Integrating and extending new growth theory and resource-based views, this paper provides a theoretical foundation for the catch-up hypothesis. It examines the role of technology gap, technological capability, and cultural proximity in local firms’ catch-up with MNEs. Hypotheses are developed and tested with a dynamic model on a large firm-level panel dataset from Chinese manufacturing. The results confirm that catch-up is positively related to technology gap and technological capability. Furthermore, in the presence of cultural proximity, the speed of local Chinese firms’ catch-up with MNEs from Hong Kong, Macau, and Taiwan is not significantly lower than that with other MNEs." @default.
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- W2025306877 date "2014-08-01" @default.
- W2025306877 modified "2023-10-15" @default.
- W2025306877 title "Cultural Proximity and Local Firms’ catch up with Multinational Enterprises" @default.
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- W2025306877 doi "https://doi.org/10.1016/j.worlddev.2014.02.010" @default.
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