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EN
Reinforcing innovation and competitiveness of the EU economy, including agribusiness, closer relations between science and business, and sustainable economic growth are key objectives set by the European Commission. In the process of building an innovative and competitive economy based on an intelligent use of natural resources, entrepreneurs need to benefit from cooperation with science and research institutions, both public and private. The primary purpose of documents prepared by the European Commission, including the Multiannual Financial Framework (MFF) for 2021-2027, COM(2018)435 and COM(2018)436, defining rules for the implementation of Horizon Europe – the 9th Framework Programme for Research and Innovation for 2021–2027 and of the Common Agricultural Policy (CAP), is to fully synchronize implementation plans aimed at the development of Member States. The article presents key operational objectives and suggestions of use of financial resources for the purpose of programme implementation.
EN
Using unique survey data on direct supplier-multinational linkages in Chile, Ghana, Kenya, Lesotho, Mozambique, Swaziland, and Vietnam, this paper first evaluates how foreign investors differ from domestic producers in terms of their potential to generate positive spillovers for local suppliers. It finds that foreign firms outperform domestic producers on several indicators, but have fewer linkages with the local economy and offer less supplier assistance, resulting in offsetting effects on the spillover potential. The paper also studies the relationship between foreign investor characteristics and linkages with the local economy as well as assistance extended to local suppliers. It finds that foreign investor characteristics matter for both. Additionally, this paper examines the role of suppliers’ absorptive capacities in determining the intensity of their linkages with multinationals. The results indicate that several supplier characteristics matter, but these effects also depend on the length of the supplier relationship. Finally, the paper assesses whether assistance or requirements from the multinational influence spillovers on suppliers. The results confirm the existence of positive effects of assistance (including technical audits, joint product development, and technology licensing) on foreign direct investment spillovers, while we find no evidence for demand effects.
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