Conventional wisdom recommends the superiority of private ownership of enterprises. The reality confronts it with a rich diversity in ownership and governance structures. This volume examines five types of unorthodox ownership and governance form emerging in the industrial sector across major...

L<sc>ee</sc> I. H., H<sc>ong</sc> E. and S<sc>un</sc> L. Inward foreign direct investment and domestic entrepreneurship: a regional analysis of new firm creation in Korea, <italic>Regional Studies</italic>. This paper assesses the intra- and inter-regional impacts of inward foreign direct investment on the decisions of establishing new...

Summary This paper proposes a micro-level framework to account for how firms in developing economies overcome domestic institutional constraints. It illustrates that the mechanisms enabling those firms to benefit from financial globalization are more complex than the "direct" financial channels...