This paper incorporates risk into the FDI decisions of rms. The risk of FDI failure increases with the gap between the … pattern of FDI firms of intermediate technology levels are more likely than others to undertake FDI. It is with the attempt to … relax the upper bound of the technology content of FDI, we argue, that many FDI policies are created. The theory …

This paper builds a dynamic model to examine the two-way interaction between FDI and the South's technology frontier …. Inferior technology capacity in the South generates risk of production failure, which discourages inward FDI with high … technology content. Only if the risk is not prohibitive does the first wave of FDI take place, which enables the South to learn …

Most of the FDI specialists think that FDI had a positive impact upon the economic growth in the receiving countries …. They showed that it was a direct relation between the FDI flows (as percent of the GDP) and the growth of GDP per capita … attracted an important FDI volume had the highest economic growth rates. Since the early '60s of the 20th century, the times …