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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...
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, financial development, and macroeconomic policies on foreign direct investment (FDI) inflows, based on large panel data of 124 … only financial development has a positive and significant direct effect on FDI inflows to developing countries. Importantly …, improving the quality of institutions moderates the marginal effect of human capital on FDI inflows. Drawing on these findings …
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