The Long-Term Effects of Foreign Investment on Local Human Capital: Four American Companies in Spain, 1920s–1970s

This article explores the long-term effects of foreign direct investment on the human capital development of host economies, based on the historical analysis of the Spanish operations of four leading American firms: ITT, J. Walter Thompson, Merck Sharp & Dohme, and John Deere. Our research shows...

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Detalles Bibliográficos
Autores: Puig Raposo, Nuria, Álvaro Moya, Adoración
Tipo de recurso: artículo
Fecha de publicación:2018
País:España
Institución:Universidad Complutense de Madrid (UCM)
Repositorio:Docta Complutense
Idioma:inglés
OAI Identifier:oai:docta.ucm.es:20.500.14352/13211
Acceso en línea:https://hdl.handle.net/20.500.14352/13211
Access Level:acceso abierto
Palabra clave:339.7
Foreign direct investment
Spillovers
Human capital
American multinational enterprises
Spain
Economía internacional
Finanzas
Mercados bursátiles y financieros
5310 Economía Internacional
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oai_identifier_str oai:docta.ucm.es:20.500.14352/13211
network_acronym_str ES
network_name_str España
repository_id_str
spelling The Long-Term Effects of Foreign Investment on Local Human Capital: Four American Companies in Spain, 1920s–1970sPuig Raposo, NuriaÁlvaro Moya, Adoración339.7Foreign direct investmentSpilloversHuman capitalAmerican multinational enterprisesSpainEconomía internacionalFinanzasMercados bursátiles y financieros5310 Economía InternacionalThis article explores the long-term effects of foreign direct investment on the human capital development of host economies, based on the historical analysis of the Spanish operations of four leading American firms: ITT, J. Walter Thompson, Merck Sharp & Dohme, and John Deere. Our research shows that the training and working practices of these companies had a positive impact on the Spanish subsidiaries in terms of technological upgrading and managerial development. However, the local context was also relevant, through mandatory agreements that empowered local partners from the start and the availability of locally educated professionals eager to absorb new knowledge.Cambridge University PressUniversidad Complutense de Madrid20182018-10-2520182018-10-25journal articlehttp://purl.org/coar/resource_type/c_6501info:eu-repo/semantics/articleapplication/pdfhttps://hdl.handle.net/20.500.14352/13211reponame:Docta Complutenseinstname:Universidad Complutense de Madrid (UCM)Inglésengopen accesshttp://purl.org/coar/access_right/c_abf2info:eu-repo/semantics/openAccessoai:docta.ucm.es:20.500.14352/132112026-06-02T12:44:21Z
dc.title.none.fl_str_mv The Long-Term Effects of Foreign Investment on Local Human Capital: Four American Companies in Spain, 1920s–1970s
title The Long-Term Effects of Foreign Investment on Local Human Capital: Four American Companies in Spain, 1920s–1970s
spellingShingle The Long-Term Effects of Foreign Investment on Local Human Capital: Four American Companies in Spain, 1920s–1970s
Puig Raposo, Nuria
339.7
Foreign direct investment
Spillovers
Human capital
American multinational enterprises
Spain
Economía internacional
Finanzas
Mercados bursátiles y financieros
5310 Economía Internacional
title_short The Long-Term Effects of Foreign Investment on Local Human Capital: Four American Companies in Spain, 1920s–1970s
title_full The Long-Term Effects of Foreign Investment on Local Human Capital: Four American Companies in Spain, 1920s–1970s
title_fullStr The Long-Term Effects of Foreign Investment on Local Human Capital: Four American Companies in Spain, 1920s–1970s
title_full_unstemmed The Long-Term Effects of Foreign Investment on Local Human Capital: Four American Companies in Spain, 1920s–1970s
title_sort The Long-Term Effects of Foreign Investment on Local Human Capital: Four American Companies in Spain, 1920s–1970s
dc.creator.none.fl_str_mv Puig Raposo, Nuria
Álvaro Moya, Adoración
author Puig Raposo, Nuria
author_facet Puig Raposo, Nuria
Álvaro Moya, Adoración
author_role author
author2 Álvaro Moya, Adoración
author2_role author
dc.contributor.none.fl_str_mv Universidad Complutense de Madrid
dc.subject.none.fl_str_mv 339.7
Foreign direct investment
Spillovers
Human capital
American multinational enterprises
Spain
Economía internacional
Finanzas
Mercados bursátiles y financieros
5310 Economía Internacional
topic 339.7
Foreign direct investment
Spillovers
Human capital
American multinational enterprises
Spain
Economía internacional
Finanzas
Mercados bursátiles y financieros
5310 Economía Internacional
description This article explores the long-term effects of foreign direct investment on the human capital development of host economies, based on the historical analysis of the Spanish operations of four leading American firms: ITT, J. Walter Thompson, Merck Sharp & Dohme, and John Deere. Our research shows that the training and working practices of these companies had a positive impact on the Spanish subsidiaries in terms of technological upgrading and managerial development. However, the local context was also relevant, through mandatory agreements that empowered local partners from the start and the availability of locally educated professionals eager to absorb new knowledge.
publishDate 2018
dc.date.none.fl_str_mv 2018
2018-10-25
2018
2018-10-25
dc.type.none.fl_str_mv journal article
http://purl.org/coar/resource_type/c_6501
dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://hdl.handle.net/20.500.14352/13211
url https://hdl.handle.net/20.500.14352/13211
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Cambridge University Press
publisher.none.fl_str_mv Cambridge University Press
dc.source.none.fl_str_mv reponame:Docta Complutense
instname:Universidad Complutense de Madrid (UCM)
instname_str Universidad Complutense de Madrid (UCM)
reponame_str Docta Complutense
collection Docta Complutense
repository.name.fl_str_mv
repository.mail.fl_str_mv
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score 15,300719

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