TY - JOUR AU - Blomstrom,Magnus AU - Sjoholm,Fredrik TI - Technology Transfer and Spillovers? Does Local Participation with Multinationals Matter? JF - National Bureau of Economic Research Working Paper Series VL - No. 6816 PY - 1998 Y2 - November 1998 UR - http://www.nber.org/papers/w6816 L1 - http://www.nber.org/papers/w6816.pdf N1 - Author contact info: Magnus Blomstrom European Institute of Japanese Studies Stockholm School of Economics Post Office Box 6501, Sveavagen 65 S-113 83 Stockholm SWEDEN Tel: 46-8-7369265 Fax: 46-8-313017 E-Mail: magnus.blomstrom@gmail.com Fredrik Sjoholm Research Institute of Industrial Economics Box 55665 SE-102 15 Stockholm, Sweden E-Mail: Fredrik.Sjoholm@ifn.se AB - This paper examines the effects on technology transfer and spillovers deriving from ownership sharing of foreign multinational affiliates. More specifically, we try to answer two questions, using unpublished Indonesian micro data. Firstly, do establishments with minority and majority ownership differ in terms of productivity levels? Secondly, does the degree of spillover differ with the degree of ownership in the FDI? Our results show that foreign establishments have comparable high levels of labor productivity and that domestic establishments benefit from spillovers. However, the degree of foreign ownership does neither affect the level of labor productivity in foreign establishments, nor the degree of spillovers. ER -