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Entrepreneurial activity is generally assumed to be an important aspect of the organization of industries most conducive to innovative activity and unrestrained competition. This paper investigates whether total entrepreneurial activity influences GDP growth for a sample of 36 countries. We test...
Persistent link: https://www.econbiz.de/10010276938
We quantify the causal effect of foreign investment on total factor productivity (TFP) using a new global firm-level database. Our identification strategy relies on exploiting the difference in the amount of foreign investment by financial and industrial investors and simultaneously controlling...
Persistent link: https://www.econbiz.de/10010326288
Are firms born Global? Because knowledge spillovers that lead to new venture creation are geographically constrained we believe that firms are born local. It follows that the decision to create sustainable new ventures is independent from the decision to interna-tionalize, even if that is the...
Persistent link: https://www.econbiz.de/10010271773
This paper sets out to explain the factors behind Ireland's exceptional period of economic growth from the early 1990s …
Persistent link: https://www.econbiz.de/10010273443
This paper provides a synthesis of the three papers on the non-Nordic developed economies, Ireland, Japan and …
Persistent link: https://www.econbiz.de/10010280148
non-financial FDI and trade in Bulgaria and Croatia, but there are various directions in which developmental repercussions … can go and the impact on trade is not as significant as the effect on nonfinancial FDI. We argue that the relative impact … of FSFDI, real sector FDI and trade needs to be taken into consideration in shaping economic policies conducive to …
Persistent link: https://www.econbiz.de/10010301450
This report analyses the link between the industrial allocation of FDI and economic development, using a newly … constructed data set on industrial FDI stocks for six individual manufacturing industries (food, textiles/wood, petroleum … patterns of these countries are described through economic indicators such as industrial output, employment, FDI, exports …
Persistent link: https://www.econbiz.de/10012099995
Foreign direct investment (FDI) flows to Mexico are substantial and play an important role in the Mexican economy since … landscape and sectoral structure in this host country. We illustrate that there is considerable variation in the amounts of FDI … there is a significant impact of FDI on structural change. We conduct an empirical analysis covering the period 2006 …
Persistent link: https://www.econbiz.de/10011903584
Foreign direct investment (FDI) flows to Mexico are substantial and play an important role in the Mexican economy since … landscape and sectoral structure in this host country. We illustrate that there is considerable variation in the amounts of FDI … there is a significant impact of FDI on structural change. We conduct an empirical analysis covering the period 2006 …
Persistent link: https://www.econbiz.de/10011913222
This paper examines how an emerging economy's institutional context motivates different forms of MNE entrepreneurship, which, subsequently, leads either to economic development or economic growth. To do so, the paper distinguishes emerging economies' institutional environment into a state of...
Persistent link: https://www.econbiz.de/10014477232