Amsden, Alice - United Nations University-Maastricht Economic Research … - 2009
assets. FOEs in direct competition with POEs are not necessary for economic development to flourish, and it is dangerous for … of evolution, FOEs may not contribute more to economic development in monopolistic industries than POEs. Indeed, the best … entrepreneurial than FOEs. The paper discusses the contribution of POEs vis-a-vis FOEs to economic development in emerging economies. …