When and where does foreign direct investment generate positive spillovers? A meta-analysis

Klaus E Meyer, E Sinani

Research output: Contribution to journalArticle

318 Citations (Scopus)

Abstract

Local firms may attract productivity spillovers from foreign investors, yet these vary with local firms' awareness, capability and motivation to react to foreign entry. In consequence, spillovers vary across countries at different levels of economic development. We apply competitive dynamics theory to analyze these contextual moderators of spillovers, and test hypotheses thus derived in a meta-analysis of the empirical literature on spillovers. Our analysis suggests a curvilinear relationship between spillovers and the host country's level of development in terms of income, institutional framework and human capital. Journal of International Business Studies (2009) 40, 1075-1094. doi:10.1057/jibs.2008.111
Original languageEnglish
Pages (from-to)1075-1094
Number of pages20
JournalJournal of International Business Studies
Volume40
Issue number7
DOIs
Publication statusPublished - Sep 2009

Keywords

  • MNEs and economic development
  • meta-analysis
  • spillovers
  • MNEs and economic growth
  • foreign direct investment

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