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DOMFDistributed Object Management Facility
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Similar results are obtained in the services: FMNEs belonging to the less-knowledge-intensive services have a 46 % greater risk of exiting compared with DOMFs belonging to the same sector, whereas they exceed by almost 45 % the exit risk of DOMFs within knowledge-intensive services.
In the manufacturing sector, DOMFs operating in the high- and medium-high-technology industries are the ones that benefit from horizontal spillovers: the foreign presence acts to increase the survival of domestic firms.
On the other hand, in the low- and medium-low-technology industries, we find that foreign presence has a positive effect on the duration of DOMFs both across upstream and downstream industries.