This paper reports empirical findings pertaining to the effect of foreign direct investment on economic growth of 49 African and 12 South American countries for the period 1990-2003. Foreign direct investment has a positive and statistically significant effect on economic growth. However, the...

This paper supports the proposition that the indexes of technological achievement and of human development exhibit similar information validity and similar country rankings, thus questioning the need for the existence of two indexes rather than one.

This paper examines the impact of the various types of foreign capital flows (or FCF) on the efficiency with which countries transform their respective resources into the achievements associated with the three dimensions (Life expectancy or LI, Educational attainment or EI and wealth or WI) of...

Various studies in the past have examined the effect of foreign direct investment on economic growth of both developed and developing countries. However, research on the influence of foreign direct investment on an expanded conception of socio-economic progress such as human development is...

A model of entrepreneurship based on the concept of transformational generative grammar in modern linguistics and transaction cost economics is developed. Using an integrative framework, a number of propositions for conceptualising and studying entrepreneurship both at the micro and the macro...