Much existing literature on the Liability of Foreignness (LoF) concentrates on the manner in which it impacts on the strategy and performance of service based Multi-National Enterprises (MNEs) from developed economies expanding through Foreign Direct Investment (FDI). Few researchers have...

This paper will examine the adverse effects of trade and investment barriers on solar and wind GVCs. It will explore and recommend further research on alternative measures to encourage trade and investment and help domestic producers in solar and wind

Over the past few years, emerging market multi-nationals have exerted competitive pressure on developing country multi-national companies not only on their home turf, but also in other developing countries. However, our understanding of these firms and their operations in emerging economies, in...

This report presents an overview of current and projected market trends for off-grid lighting. It was commissioned and coordinated by Lighting Africa,a joint initiative from IFC and the World Bank.The report provides a snapshot of the off-grid lighting market and provides industry level data and...

This paper studies why multinational firms often share ownership of a foreign affiliate with a local partner even in the absence of government restrictions on ownership. We show that shared ownership may arise, if (i) the partner owns assets that are potentially important for the investment...

This paper examines the link between a firm's ownership of productive assets and its choice of foreign-market entry strategy. We find that, controlling for industry- and country-specific characteristics, the most productive firms (i.e., those owning the most assets) will enter through greenfield...

This paper uses a proportional hazard model to study foreign direct investment by Japanese manufacturers in Europe between 1970 and 1994. We divide each firm's investment total into a sequence of individual investment decisions and analyze how firm-specific characteristics affect each decision....

This paper examines the link between a firm's owership of productive assets and its choice of foreign-market entry strategy. We find that, controlling for industry- and country-specific characteristics, the most productive firms (i.e., those owning the most assets) will enter through greenfield...