Foreign Direct Investment and Domestic Entrepreneurship: Blessing or Curse?

Arbeitspapier

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.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IZA Discussion Papers ; No. 7796

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Multinational Firms; International Business ; New Firms; Startups ; Entrepreneurship
• Thema: foreign direct investment ; entrepreneurship ; new firm entry ; spillovers

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Danakol, Seçil Hülya ; Estrin, Saul ; Reynolds, Paul ; Weitzel, Utz
• Ereignis: Veröffentlichung
• (wer): Institute for the Study of Labor (IZA)
• (wo): Bonn
• (wann): 2013

Weitere Informationen

• Handle: http://hdl.handle.net/10419/90134
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ