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We integrate international business theory on foreign direct investment (FDI) with institutional theory on intellectual property rights (IPR) to explain characteristics and behaviour of foreign investment subsidiaries in Central East Europe, a region with an IPR regimegap visàvis West European...
Persistent link: https://www.econbiz.de/10003825768
Innovation systems abroad become more and more important to multinational enterprises (MNEs) as sources of knowledge and technology. On the other hand, MNEs’ foreign subsidiaries can be considered agents of technological and economic development in their target location region. Applying a...
Persistent link: https://www.econbiz.de/10009712425
The present paper argues that the effect of corruption on foreign ownership is not necessarily linear and depends on the level of host corruption. So long as the expected returns from foreign investments exceed its expected costs, higher host corruption will be associated with higher foreign...
Persistent link: https://www.econbiz.de/10010195528
In this paper we analyze the conditions under which a foreign direct investment (FDI) involves a net capital flow across countries. Frequently, foreign direct investment is financed in the host country without an international capital movement. We develop a model in which the optimal choice of...
Persistent link: https://www.econbiz.de/10003368138
This paper summarizes a research project devoted to analyzing the development of outward foreign direct investment (OFDI) and emerging multinational companies from Visegrád countries: The Czech Republic, Hungary, Poland, and Slovakia. After several years of foreign direct investment inflows to...
Persistent link: https://www.econbiz.de/10013100768
In Central and Eastern Europe, outward foreign direct investment was not yet until recently a prominent factor in the region's reintegration into the world economy, especially when compared to trade liberalization in the early 1990s or inward foreign direct investment in the late 1990s. In the...
Persistent link: https://www.econbiz.de/10012777241
Investigating the Russian economic footprint through outward foreign direct investment (OFDI) and the activities of Russian multinationals has not become either outdated or less interesting, even though, understandably, most of the current attention on Russian influence in Europe has been...
Persistent link: https://www.econbiz.de/10012894742
Objective: The objective of the article is to explore how new multinationals construct their FDI location portfolios and what the performance outcomes of these decisions are. Research Design & Methods: Building our conceptual framework on the organisational learning theory, we conduct regression...
Persistent link: https://www.econbiz.de/10012800370