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• W4382752521 endingPage "106342" @default.
• W4382752521 startingPage "106342" @default.
• W4382752521 abstract "Technologies to mitigate climate change may diffuse from lead markets to the rest of the world through several mechanisms and make important contributions to the global green transformation. In this paper, we explore the role played by multinational enterprises (MNEs) in transferring knowledge and innovative capabilities in green technologies to their global subsidiaries. We posit that the degree of green knowledge transfer and innovative capability development in subsidiaries depend on: (i) the host country characteristics, (ii) the specific technology in question, and (iii) the mode of entry. The empirical analysis combines data on foreign direct investments with patent analysis. The results suggest that being a subsidiary of a green MNE has a positive impact on the number and quality of green patents produced locally. This green innovative advantage vis-à-vis domestic companies is larger in less developed countries and in those that are less reliant on oil rents, in particular if they already possess higher levels of relevant domestic innovative capacity. Furthermore, firm and sectoral characteristics also matter. The analysis suggests that green FDIs are more effective when technologies are characterized by low tradability and tacit knowledge. Finally, cross-border acquisitions are more efficient at strengthening green innovative capabilities than subsidiaries established with greenfield investments." @default.
• W4382752521 created "2023-07-01" @default.
• W4382752521 creator A5000104619 @default.
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• W4382752521 creator A5036193700 @default.
• W4382752521 creator A5064883121 @default.
• W4382752521 creator A5078879980 @default.
• W4382752521 date "2023-10-01" @default.
• W4382752521 modified "2023-10-17" @default.
• W4382752521 title "Do green foreign direct investments increase the innovative capability of MNE subsidiaries?" @default.
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