Emerging economic theory attempts to explain multinational enterprises' decisions to locate foreign direct investment in certain countries at the expense of others. Recent literature explores the reasons why FDI into a host country may depend on FDI in neighboring countries. This paper extends...

The wage premiums for firm-level foreign exposure (exporting and foreign ownership) have been well documented in the literature, and their potential sources have been studied in depth. Compensating differentials and efficiency wages are two distinct explanations (with radically different...

This paper examines the role of uncertainty and imperfect local knowledge in foreign direct investment. The main idea comes from the literature on investment under uncertainty, such as Pindyck (1991) and Dixit and Pindyck (1994). We empirically test .the value of waiting. with a dataset on...

This paper examines the preferences of a foreign firm and awelfare-maximizing host country government over two modes of foreigndirect investment (FDI): de novo entry by the foreign firm andacquisition of the domestic incumbent. Two crucial features of the modelare the presence of network...

Abstract: It is widely recognized that foreign direct investment (FDI) plays an important role in economic development. However, its impact on entrepreneurial activity has not been well researched. Internationalization theory is used to explore how inward FDI impacts entrepreneurial activity....

China’s accession to the World Trade Organisation (WTO) has greatly enhanced global interest in investment in the Chinese media market, where demand for digital content is growing rapidly. The East Asian region is positioned as a growth area in many forms of digital content and digital service...

Full-text of this article is not available in this e-prints service. This article was originally published following peer-review in International Journal of the Economics of Business, published by and copyright Routledge.

Multinational enterprises (MNEs) are central drivers behind neo-liberal globalisation.These enterprises are usually centred in developed countries, with competitiveoperations in developing countries. The literature on MNEs and foreign directinvestment usually focus on the motivation for...

Obgleich die traditionellen Bestimmungsfaktoren für ausländische Direktinvestitionen wie z.B. Marktgröße, Arbeitskosten und Niveau der Infrastruktur keineswegs generell an Bedeutung verloren haben, spielt heute die Existenz vorhandener regionaler Cluster eine ausschlaggebende Rolle für die...

This paper assesses the implications of spatial dependence of outward FDI flows toclarify the importance and prominence of complex foreign direct investment bymultinational enterprises, which are neither purely horizontal nor vertical integrationstrategies. Empirical tests compare the ordinary...