Please make sure your answer is precise.

2. Various studies undertaken all over the world shows that Multinational
corporations could play an active role in knowledge creation, technology
diffusion and development of potential R&D in the countries which host these
MNCs. Foreign Direct investment by MNCs and consequent research and
development activities by them make the hosting countries more receptive to
social and economic changes as they enter in the global market and they have to
adopt modern values and business practices. It is recognised that MNCs and it
R&D activities apart from various business activities could potentially impact
several dimensions that are crucial for developing countries aiming at
improving their competitiveness. These dimensions include capital,
competences, production skills, exports competitiveness, technological
advancement, processes invention and infrastructure development. In addition
to its R&D activities, it is...