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Tekijä: | Burke, A. Görg, H. Hanley, A. |
Otsikko: | The impact of foreign direct investment on new firm survival in the UK: evidence for static versus dynamic industries |
Lehti: | Small business economics
2008 : DEC, VOL. 31:4, p. 395-407 |
Asiasana: | foreign investment direct investment new enterprise industries United Kingdom |
Vapaa asiasana: | FDI |
Kieli: | eng |
Tiivistelmä: | 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. |
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