Do Host Countries Really Benefit from Inward Foreign Direct Investment?

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It was with great interest that we read Perspective No. 84 addressing the impact of inward foreign direct investment (IFDI) on technological innovation and entrepreneurship. In that issue, Pathak, Laplume, and Xavier-Oliveira laid out arguments for and against IFDI. They suggested that we have, for far too long, extolled the benefits of IFDI for developing economies, without properly accounting for its costs. They noted that there are genuine concerns that we ought not to overlook, and that we should pay special attention to the impact of IFDI on local innovation and entrepreneurship. Understanding the relationship between IFDI and innovation is an important policy issue, as it can help inform whether, and how, IFDI can stimulate economic growth.
Publisher
The Vale Columbia Center on Sustainable International Investment
Issue Date
2013-07
Language
English
Citation

Columbia FDI Perspectives, no.98

ISSN
2158-3579
DOI
10.7916/D87P96V6
URI
http://hdl.handle.net/10203/243816
Appears in Collection
MT-Journal Papers(저널논문)
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