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

• 成果类型: Review
• 署名作者: Meyer, Klaus E.; Sinani, Evis
• 署名单位: University of Bath; Copenhagen Business School
• 刊物名称: JOURNAL OF INTERNATIONAL BUSINESS STUDIES
• ISSN/ISSBN: 0047-2506
• DOI: 10.1057/jibs.2008.111
• 发表日期: 2009
• 页码: 1075-1094
• 关键词: META-ANALYSIS; MNEs and economic development; MNEs and economic growth; Foreign direct investment; spillovers; Institutions and international business

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