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Technological
spillovers from foreign direct investment and their determinants and
impacts in a host country’s growth process are some of the most
widely debated issues in development economics. The proponents of
endogenous growth theory and evolutionary economics contend strongly
that spillovers have positive ramifications for economic growth.
This paper adopts a framework re-conceptualizing spillovers in terms
of learning and capability building to examine the determinants of
spillovers in the Kenyan manufacturing industry. From the results,
key determinants of spillovers included systemic support structure,
absorptive capacity, firm learning, systemic embeddedness, firm
training, and trade orientation. The findings provide possible
implications for policy makers. |