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Author:Burke, A.
Görg, H.
Hanley, A.
Title:The impact of foreign direct investment on new firm survival in the UK: evidence for static versus dynamic industries
Journal:Small business economics
2008 : DEC, VOL. 31:4, p. 395-407
Index terms:foreign investment
direct investment
new enterprise
industries
United Kingdom
Freeterms:FDI
Language:eng
Abstract:This paper examines the impact of Foreign Direct Investment (FDI) on the survival of business start-ups. FDI has potential for both negative displacement/competition effects and positive knowledge spillover and linkage effects on new ventures, as well. There is found a net positive effect for the whole dataset. The paper outlines and tests an argument of this effect being likely to be comprised of a net negative effect in dynamic industries alongside a net positive effect in static industries. There is found evidence to support this view. The results identify new effects of globalization on enterprise development with associated challenges for industrial policy.
SCIMA record nr: 271394
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