Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10005532018
This paper incorporates risk into the FDI decisions of firms. The risk of FDI failure increases with the gap between the South's technology frontier and the technology complexity of a firm's product. This leads to a double-crossing sorting pattern of FDI—firms of intermediate technology levels...
Persistent link: https://www.econbiz.de/10011056350