Beladi, Hamid; Firoozi, Fathali; Co, Catherine - In: Pacific Economic Review 13 (2008) 2, pp. 209-222
The empirical literature has generated mixed correlations between research and development (R&D) undertaken by domestic firms and the inflow of foreign direct investment (FDI) by their multinational rivals. Further, the existing theoretical explanations of such empirical results appear to be...