Using nationwide survey data in China, we find evidence of positive FDI spillover effects via entrepreneurship. After controlling for a series of entrepreneur and firm attributes, our OLS estimates suggest that private firms run by entrepreneurs with MNE work experience outperform their...

Returnee entrepreneurs have contributed to the economic development of their home countries. However, how do these returnee entrepreneurs differ from local entrepreneurs? How do their firms perform relative to local firms? What is the role of local institutions in the performance of returnees'...

This paper uses a large micro-level data set to investigate the efficiency sorting pattern of foreign affiliates serving different markets. We find systematic differences among the attributes of foreign affiliates serving the local and overseas markets. Affiliates serving only the host country...