G2TT
来源类型Discussion paper
规范类型论文
来源IDDP9793
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
URLhttps://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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