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The impact of the movement of skilled trade union movement to and from domestic corporations is captured by the interaction of labor quality with foreign presence at the trade level. By moving to domestic corporations, skilled employees bring with them the information of the advanced technologies of foreign corporations, which can result in enhancements in technology and thence in productivity of domestic corporations. If there’s skilled labor from foreign to domestic corporations, they tend to expect the constant of interaction term of labor quality with foreign presence to be positive.Growth of a country is influenced through the level of technology by the domestic financial system. Compared to other investments projects, investments related in upgrading existing or new technologies are risky. In order to reduce the risks, the general and specific financial institutions will stimulate domestic entrepreneurs to undertake the upgrading of existing technology or to adopt new technologies that are introduced by foreign firms. This allows financial institutions to enhance economic growth by positively affecting the speed of technological innovation

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