The paper examines the rise of Sovereign Wealth Funds (SWFs) as a new source of financing investment worldwide and, more specifically, tries to get a better understanding of SWFs from Middle East which accounted in 2013 for 35 percent of overall assets managed by them, with the bulk of them...

The spectacular surge in Chinese outward foreign direct investment (OFDI) has been reinforced by China’s accession to the WTO (2001). The understanding of their determinants remains a key theoretical question, in particular whether they confirm the standard conceptual framework -...

The paper highlights the major role played by foreign direct investment/ FDI flows in two ways – inflows or outflows – for Chinese firms by securing strategic assets to enhance their competitive advantage. The underlying rationale of the acquisition of such assets through FDI is specific to...

The main outcome of the paper is an exploratory and empirical approach to map out the respective entry or expansion of BRICs’ companies in Europe during the crisis years through Mergers-and-Acquisitions. It also points out the relative place of Europe as a target zone, and the corresponding...

The main outcome of the paper is an exploratory and empirical approach to map out the respective entry or expansion of BRICs’ companies in Europe during the crisis years through Mergers-and-Acquisitions. It also points out the relative place of Europe as a target zone, and the corresponding...

The article analyzes the choices of location of firms from Emerging economies, i.e. Chinese and Indian firms, towards the developed world, Europe taken as a case study. In doing so it put into question the previous postulates based on the requirement of a competitive gap for the advantage of the...

In the literature of development economics, corruption is usually conceived as detrimental to economic growth. This conventional wisdom, however, may be called into question. Many countries witnessed growth despite corruption, e.g., commodity-dependent and high-growth East Asian countries. The...

This contribution deals with the rise of direct investment flows from ‘third-world’ to ‘first-world’ countries. To analyze this trend, we chose to focus on China and India due to their high economic growth regime and their rapid pace to embrace the world economy, which place them at the...

This paper describes inter-firm partnerships in three major high-tech industries over the 1985-2005 period. We found that the architecture of the respective networks had evolved toward a 'small world' in the early 1990s. We also found that the number of alliances collapsed in the late 1990s....