The impact of foreign direct investment on local entrepreneurship: blessing or curse?

被引:9
作者
Zhao, Shiyong [1 ]
机构
[1] Macau Univ Sci & Technol, Sch Business, Macau, Hong Kong, Peoples R China
关键词
Entrepreneurship; China; FDI; spillovers; ECONOMIC-GROWTH; DOMESTIC FIRMS; CHINA; SPILLOVERS; FDI;
D O I
10.1080/16081625.2022.2092158
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
This paper studies the impact of foreign direct investment on local entrepreneurship by using a panel data set containing 31 provinces of China over 1992-2017. The study finds that the effect is positive and significant. On average about 16 percent of China's local entrepreneurship growth can be attributed to FDI inflow over the entire sample period. The knowledge diffusion and technology transfer effect more than offset the crowding-out effect of FDI on local entrepreneurship in general during China's economic transition.
引用
收藏
页码:1137 / 1149
页数:13
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