Chen, Song; Ren, Meixu; Li, Chuanzhen - In: Journal of innovation & knowledge : JIK 9 (2024) 1, pp. 1-14
Foreign direct investment (FDI) is of great significance to the economic development of developing countries; it infuses capital into enterprises, while propeling both technological advancement and economic efficiency. We examine whether zombie enterprises crowd out FDI inflows and whether the...