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Author:Siotis, G.
Title:Foreign direct investment strategies and firms' capabilities
Journal:Journal of Economics and Management Strategy
1999 : SUMMER, VOL. 8:2, p. 251-270
Index terms:MANAGEMENT
ECONOMICS
FOREIGN INVESTMENT
Language:eng
Abstract:This paper presents a simple model to analyze the effect of geographically localized spillovers on the internationalization decision of firms. It is shown that, once spatially bounded externalities are taken into account, the standard predictions on the nature and direction of foreign direct investment (FDI) flows may be reversed. The author highlights three effects.
SCIMA record nr: 203865
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