publication . Preprint . 2005

Human Capital Intensity in Technology-Based Firms Located in Portugal: Do Foreign Multinationals Make a Difference?

Ana Teresa Tavares; Aurora A. C. Teixeira;
Open Access
  • Published: 01 Aug 2005
This paper contributes to the scarce empirical literature on the impact of foreign ownership on human capital intensity. New evidence is provided, based on a comprehensive, large-scale survey of technology-based firms located in Portugal. Using two alternatives measures of human capital (one based on skills, another on education), the key findings are that: (1) foreign ownership directly (and significantly) impacts on firms general human capital (education); (2) foreign ownership indirectly (and significantly) impacts on firms specific human capital (skills); (3) the total impact of foreign ownership on firms’ human capital intensity is higher for education- (ge...
free text keywords: Foreign direct investment (FDI), multinational enterprises (MNEs), human capital, education, technology-based firms (TBFs)., jel:J24, jel:F23
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