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Automotive investment projects across borders have significantly intensified in recent years, as companies have attempted to cut costs via relocation of production, and to get closer to final customers in emerging markets. This chapter analyses the impacts of this global re-structuring process...
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Location decisions by automotive firms can play a major role in the economic development of whole regions and countries, both via direct stimuli (employment, education, innovation etc.) as well as pulling in further investments by suppliers and related industries. What strategies did governments...
Persistent link: https://www.econbiz.de/10013073698
This paper suggests the importance and benefits that foreign direct investment (FDI) exerts in a host economy development, through the international transfer of technologies to an intermediate technological and economic developed country, with a significant technological gap. The importance of...
Persistent link: https://www.econbiz.de/10012714298
The impact of foreign collaborations or international technology transfers in developing host countries has been a major bone of contention. Literature on this subject has varied views and the role of MNCs in and the sharing of the net benefits between the technology givers and technology takers...
Persistent link: https://www.econbiz.de/10013038034
Liberalisation of outward FDI (OFDI) in India at the beginning of this millennium had resulted in a spurt in OFDI flows from India. Automotive was one of the leading sectors of origin of OFDI. Interestingly, it was also found that nearly half of the total innovation-oriented greenfield...
Persistent link: https://www.econbiz.de/10013214729
Exchange rate volatility has been identified as one of the drivers of export diversification. Previous studies have assumed a symmetric relationship between the two variables. However, because volatility could be positive or negative and economic agents react to these changes differently, recent...
Persistent link: https://www.econbiz.de/10011905226
In recent years developing countries have emerged as significant participants in the OFDI (outward foreign direct investment) activities having the strategic asset seeking motive. Such OFDI which is assets exploiting cum augmenting involves potential two way cross border knowledge flows. This...
Persistent link: https://www.econbiz.de/10014200376
Multinational companies (MNCs) from emerging markets (EMs) are new and very dynamic actors on the global scene. Starting from the late 1970s a strand of literature flourished on Third World multinationals (Lall, 1983a). More recently, the increasing expansion abroad by multinationals based in...
Persistent link: https://www.econbiz.de/10014202975