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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP9793 |
DP9793 Foreign Direct Investment and Domestic Entrepreneurship: Blessing or Curse? | |
Saul Estrin; Utz Weitzel | |
发表日期 | 2014-01-26 |
出版年 | 2014 |
语种 | 英语 |
摘要 | This paper explores the effects of foreign direct investment, measured by mergers and acquisitions, on domestic entrepreneurial entry. We use a micro-panel of more than two thousand individuals disaggregated by industry in seventy countries including both developed and developing economies, 2000-2009. The theory yields ambiguous predictions about the relationship between FDI and entrepreneurship; positive spillovers via dissemination of technology or negative because of crowding out. Our empirical analysis is conducted at three levels of aggregation. We find the relationship between FDI and domestic entrepreneurship in aggregate and intra-industry to be negative. Policies need to consider how to counteract this effect. |
主题 | Industrial Organization |
关键词 | entrepreneurship Foreign direct investment New firm entry Spillovers |
URL | https://cepr.org/publications/dp9793 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538629 |
推荐引用方式 GB/T 7714 | Saul Estrin,Utz Weitzel. DP9793 Foreign Direct Investment and Domestic Entrepreneurship: Blessing or Curse?. 2014. |
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