This paper examines the determinants of foreign direct investment (FDI) in research and development laboratories by 32 multinational enterprises in the pharmaceutical and electronics industries. The paper applies a dichotomous set of motives for FDI. Results from an econometric analysis of 136...

Global growth has slowed down recently. While the world economy should gradually regain pace over the coming quarters, overall growth momentum is expected to remain subdued. The recent drop in oil prices has not improved the outlook as it to a substantial degree signals weaker demand;...