Emerging markets have long been the recipient of foreign direct investment (FDI) from the world’s more advanced … countries. They have used this to their advantage and actively attracted inward FDI as part of their growth and development … spillover occur between EMNCs and local firms in their home market? The study finds that EMNCs conducting outward FDI with asset …

This paper considers the effect of acquisition FDI on the knowledge production function. We distinguish between … complementarities in the knowledge assets of the MNE and the target firm as a reason for FDI. In contrast, consistent with technology … sourcing FDI, acquisitions from non-leading countries increase internal R&D efforts …

This paper considers the effect of acquisition FDI on the knowledge production function. We distinguish between … complementarities in the knowledge assets of the MNE and the target firm as a reason for FDI. In contrast, consistent with technology … sourcing FDI, acquisitions from non-leading countries increase internal R&D efforts …