This paper uses new statistical techniques and two new databases to reassess the relationship between economic growth and FDI. After resolving biases plaguing past work, we find that the exogenous component of FDI does not exert a robust, independent influence on growth

Multinational enterprises exist because they hold certain competitive advantages over their local counterparts and affect local economies through their spillover effects. Research streams exploring the raison d' etre and consequences of MNEs are quite distant and remote. This paper analyzes and...

Theorien der Regionalforschung sagen voraus, dass Betriebe von ihrer gegenseitigen räumlichen Nähe profitieren, wenn sie in einer Lieferbeziehung stehen, einen gemeinsamen Arbeitsmarkt haben, oder es zur Übertragung von Wissen kommt (die drei Marshall'schen Kräfte). Während die Existenz...

This paper investigates two major issues of the patenting behavior of Belgian firms. Firstly, it studies the probabilistic distribution of the patent citations among several major sectors. Secondly, the firm-oriented data is studied to investigate the relationships between the Belgian firms size...