Sirinuch Loykulnanta - Academia.edu (original) (raw)

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Papers by Sirinuch Loykulnanta

Economies, 2019

Incentives are provided to attract multinational enterprises (MNEs) to host countries, with the e... more Incentives are provided to attract multinational enterprises (MNEs) to host countries, with the expectation that their technology will spread to domestic firms. The purpose of this study is to examine how domestic firms benefit from the spillover of technology from MNEs. Using balanced panel data obtained from the World Bank Enterprise Survey, this study examined the impact of technology spillover through three channels: demonstration, competition, and worker mobility on productivity of domestic firms in Indonesia and Philippines. This study also explored the importance of domestic firms’ absorptive capacity in capturing benefits from the three spillover channels. The Cobb–Douglas production model was used as the basis for the estimation model. A fixed-effect model for panel data analysis was used to analyze the data. The empirical outcome of this study revealed that worker mobility is the most viable channel of spillover in the two countries. It also showed that firms with high abs...

Asian Business & Management, 2016

In this study we examine the sources of international competitive advantages of MNEs from an emer... more In this study we examine the sources of international competitive advantages of MNEs from an emerging economy, Thailand, in the context of the ASEAN economic integration. Building on the theoretical reasoning of firm-specific advantages (FSAs) and country-specific advantages (CSAs) as well-established constructs in the international business literature grounded in the internalization theory, we introduce a new theoretical concept, the regionspecific advantages (RSAs). We advance an argument that increasing levels of regional economic integration create competitive advantages beyond the FSAs and national CSAs as a source of international competitiveness. In addition, we develop a novel regional dual double diamond model to analyse regional competitiveness as a new source of competitive advantages for Thai firms. We use both primary and secondary data to empirically test our conceptual model and propositions. We find that the majority of Thai firms derive their international competitiveness from their CSAs rather than FSAs, and that they will benefit from ASEAN RSAs due to the increasing regional economic integration and cooperation. Our study significantly advances the literature on international competitiveness of emerging economy MNEs and we discuss the implications of findings for theory and practice.

วารสารบริหารธุรกิจศรีนครินทรวิโรฒ, Sep 30, 2021