Kleinert, Jörn - Institut für Weltwirtschaft (IfW) - 1999
Foreign Direct Investment (FDI) occurs in temporal clusters. In contrast to the existing literature, which explains … profitable and, thus, multinational enterprises (MNE) emerge. In this process, FDI of companies from one country occurs in … clusters, because an FDI of one company increases the profitability of FDI of any other national competitor. …