Foreign direct investment and technology spillovers in Mexico: 20 years of NAFTA

This article analyses the development of technology capabilities in the manufacturing sector of Mexico during the last two decades. It has been argued that the inclusion of Mexico in the North America Free Trade Agreement (NAFTA) in 1994 would be enough to catch up with Canada and the United States....

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Armas,Enrique, Rodríguez,José Carlos
Lenguaje:	English
Publicado:	Universidad Alberto Hurtado. Facultad de Economía y Negocios 2017
Materias:	Foreign direct investment technology transfer technology spillovers trade liberalisation North America free trade agreement Mexico
Acceso en línea:	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242017000300004
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:scielo:S0718-27242017000300004
record_format	dspace
spelling	oai:scielo:S0718-272420170003000042017-11-15Foreign direct investment and technology spillovers in Mexico: 20 years of NAFTAArmas,EnriqueRodríguez,José Carlos Foreign direct investment technology transfer technology spillovers trade liberalisation North America free trade agreement Mexico This article analyses the development of technology capabilities in the manufacturing sector of Mexico during the last two decades. It has been argued that the inclusion of Mexico in the North America Free Trade Agreement (NAFTA) in 1994 would be enough to catch up with Canada and the United States. In this regard, trade liberalisation and foreign direct investment (FDI) would have been two strategic tools to close the technology gap between Mexico and its commercial partners in North America. Yet, after twenty years of NAFTA, it has been demonstrated that many indigenous firms in Mexico must develop an absorptive capacity to benefit from FDI. This paper suggests that the debate on the Asian miracle in the 1990s could be an adequate theoretical framework to discuss technology development and industrialisation in the case of emerging economies. In fact, this debate reveals two alternative approaches to explain the development of technology capabilities: (i) the accumulation view of growth, and (ii) the assimilation view of growth. Therefore, the Asian miracle exemplifies how entrepreneurship, learning and a supporting innovation policy could be an adequate strategy to benefit from FDI and technology spillovers in the case of emerging economies.info:eu-repo/semantics/openAccessUniversidad Alberto Hurtado. Facultad de Economía y NegociosJournal of technology management & innovation v.12 n.3 20172017-01-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242017000300004en10.4067/S0718-27242017000300004
institution	Scielo Chile
collection	Scielo Chile
language	English
topic	Foreign direct investment technology transfer technology spillovers trade liberalisation North America free trade agreement Mexico
spellingShingle	Foreign direct investment technology transfer technology spillovers trade liberalisation North America free trade agreement Mexico Armas,Enrique Rodríguez,José Carlos Foreign direct investment and technology spillovers in Mexico: 20 years of NAFTA
description	This article analyses the development of technology capabilities in the manufacturing sector of Mexico during the last two decades. It has been argued that the inclusion of Mexico in the North America Free Trade Agreement (NAFTA) in 1994 would be enough to catch up with Canada and the United States. In this regard, trade liberalisation and foreign direct investment (FDI) would have been two strategic tools to close the technology gap between Mexico and its commercial partners in North America. Yet, after twenty years of NAFTA, it has been demonstrated that many indigenous firms in Mexico must develop an absorptive capacity to benefit from FDI. This paper suggests that the debate on the Asian miracle in the 1990s could be an adequate theoretical framework to discuss technology development and industrialisation in the case of emerging economies. In fact, this debate reveals two alternative approaches to explain the development of technology capabilities: (i) the accumulation view of growth, and (ii) the assimilation view of growth. Therefore, the Asian miracle exemplifies how entrepreneurship, learning and a supporting innovation policy could be an adequate strategy to benefit from FDI and technology spillovers in the case of emerging economies.
author	Armas,Enrique Rodríguez,José Carlos
author_facet	Armas,Enrique Rodríguez,José Carlos
author_sort	Armas,Enrique
title	Foreign direct investment and technology spillovers in Mexico: 20 years of NAFTA
title_short	Foreign direct investment and technology spillovers in Mexico: 20 years of NAFTA
title_full	Foreign direct investment and technology spillovers in Mexico: 20 years of NAFTA
title_fullStr	Foreign direct investment and technology spillovers in Mexico: 20 years of NAFTA
title_full_unstemmed	Foreign direct investment and technology spillovers in Mexico: 20 years of NAFTA
title_sort	foreign direct investment and technology spillovers in mexico: 20 years of nafta
publisher	Universidad Alberto Hurtado. Facultad de Economía y Negocios
publishDate	2017
url	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242017000300004
work_keys_str_mv	AT armasenrique foreigndirectinvestmentandtechnologyspilloversinmexico20yearsofnafta AT rodriguezjosecarlos foreigndirectinvestmentandtechnologyspilloversinmexico20yearsofnafta
_version_	1714203281310351360

Foreign direct investment and technology spillovers in Mexico: 20 years of NAFTA

Ejemplares similares