文章基本信息

标题：Foreign Direct Investment and Domestic Entrepreneurship: Blessing or Curse?
本地全文：下载
作者：Saul Estrin ; Seçil Hülya Danakol ; Paul Reynolds 等
期刊名称：CEP Discussion Paper
出版年度：2014
卷号：2014
语种：English
出版社：Centre for Economic Performance
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.
关键词：Foreign direct investment;entrepreneurship;new firm entry;spillovers