search query: @author Motta, M. / total: 10
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| Author: | Fosfuri, A. Motta, M. |
| Title: | Multinationals without advantages |
| Journal: | Scandinavian journal of economics
1999 : VOL. 101:4, p. 617-630 |
| Index terms: | ECONOMICS MULTINATIONAL COMPANIES INTERNATIONAL |
| Language: | eng |
| Abstract: | The authors question the widespread argument that firms embarking on foreign direct investments must possess some specific advantages to offset the penalties of operating across national and cultural boundaries. A simple model shows that firms might invest abroad to capture local advantages through geographical proximity of plant location, rather than to exploit existing ones. Because of spatially bounded spillovers, laggard firms might use foreign investments to acquire location-specific knowledge. |
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