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to suggest some of the factors leading to this shift and implications for public policy. In particular, we find that a …, ranging from the demise of the communist system, increased globalization, new competition for multinational firms and higher … rethinking of the public policy approach. Rather than the focus of directly and exclusively on promoting startups and SMEs, it …
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The disruption of the trade and investment activities of multinational enterprises as a consequence of the Covid-19 pandemic has reinvigorated the debate on the configuration of global value chains (GVCs) as well as the risks and challenges associated with offshoring. This article depicts how...
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Direct exporting activities and outward foreign direct investment (OFDI) are two types of internationalization that differ in firms’ opportunities, resources and risks. We study home-country institutional factors for internationalization and empirically investigate the direct and joint effects...
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