When and where does foreign direct investment generate positive spillovers? A meta-analysis

被引:465
作者
Meyer, Klaus E. [1 ]
Sinani, Evis [2 ]
机构
[1] Univ Bath, Sch Management, Bath BA2 7AY, Avon, England
[2] Copenhagen Business Sch, Dept Int Econ & Management, Frederiksberg, Denmark
关键词
meta-analysis; MNEs and economic development; MNEs and economic growth; foreign direct investment; spillovers; institutions and international business; RESEARCH-AND-DEVELOPMENT; PRODUCTIVITY SPILLOVERS; ABSORPTIVE-CAPACITY; TECHNOLOGY SPILLOVERS; DOMESTIC FIRMS; MULTINATIONAL-ENTERPRISES; EMPIRICAL-EXAMINATION; PANEL-DATA; DEVELOPING-COUNTRIES; MANUFACTURING FIRMS;
D O I
10.1057/jibs.2008.111
中图分类号
F [经济];
学科分类号
02 ;
摘要
Local firms may attract productivity spillovers from foreign investors, yet these vary with local firms' awareness, capability and motivation to react to foreign entry. In consequence, spillovers vary across countries at different levels of economic development. We apply competitive dynamics theory to analyze these contextual moderators of spillovers, and test hypotheses thus derived in a meta-analysis of the empirical literature on spillovers. Our analysis suggests a curvilinear relationship between spillovers and the host country's level of development in terms of income, institutional framework and human capital. Journal of International Business Studies (2009) 40, 1075-1094. doi:10.1057/jibs.2008.111
引用
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页码:1075 / 1094
页数:20
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