This paper reviews the empirical literature on technology spillovers from foreign direct investment (FDI) in developing countries. The sample includes 32 studies that model the contribution of FDI presence to local productivity in the host country through spillover effects such as those...

The strategic interdependence between market reforms and foreign direct investment (FDI) in transition economies in the 1990s is presented in an evolutionary game-theoretic framework. The static game has two equilibria: in one, FDI contributes to economic restructuring through acquisitions in...

In light of the political debate on offshore outsourcing, this paper examines firm financial characteristics associated the probability of being identified as an outsourcer. In a sample of Samp;P 500 firms, we find that firms identified as outsourcers operate in more competitive industries, have...

This study uses a unique sample to evaluate changes in shareholder wealth from announcements of expansion by U.S. firms into eighteen transition economies, through four entry modes, from 1987 through 1999. Results show that value creation is most significantly associated with expansion through...

Studies in international business (IB) have considered both theoretical and empirical analyses of investment strategies by multinational firms in transition economies. However, there is scant research on the impact of firm-specific factors on the likelihood, timing, and mode of entry decisions...

Anecdotal evidence suggests that new CEOs with foreign backgrounds direct their firms to become more international in their operations. We examine this hypothesis formally using data on U.S. Samp;P-500 manufacturing firms from 1992 through 1997 and biographical information on CEOs' birth and...

This chapter investigates the factors that determine U.S. firms' expansion strategies with respect to the timing and resource commitment in China between 1980 and 2005. We collect a new firm-level, cross-industry sample to document when and how firms invest. We find that earlier entry is...

This paper uses a random utility model to investigate the economic sector choices of Mexican labor migrants who intended to cross the U.S. border in 2011. We use individual-level data from the 2011 EMIF Norte Border Survey to identify migrants according to prior work experience and intended...

Crowdfunding, which can be loosely defined as raising capital through small contributions from a large numbers of investors, is an increasingly popular practice among entrepreneurs. Kickstarter, the largest crowdfunding platform, uses an “all or nothing” approach: projects must reach their...