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 language | English |
|---|---|
| Pages (from-to) | 1075-1094 |
| Number of pages | 20 |
| Journal | Journal of International Business Studies |
| Volume | 40 |
| Issue number | 7 |
| DOIs | |
| Publication status | Published - Sept 2009 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 8 Decent Work and Economic Growth
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SDG 10 Reduced Inequalities
Keywords
- MNEs and economic development
- meta-analysis
- spillovers
- MNEs and economic growth
- foreign direct investment
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