Foreign Direct Investment Entry Modes, Development and Technological Spillovers
| dc.contributor.author | Álvarez González, Isabel | |
| dc.contributor.author | Marín Sanz, Raquel | |
| dc.contributor.author | Santos Arteaga, Francisco Javier | |
| dc.date.accessioned | 2023-06-18T06:02:49Z | |
| dc.date.available | 2023-06-18T06:02:49Z | |
| dc.date.issued | 2015-09 | |
| dc.description.abstract | This paper illustrates how wholly owned entry modes of multinational companies (MNCs) are jointly determined by both the strategic objectives of the MNC and the local firms’ assets in the creation of value. In particular, the entry mode chosen is based on the potential reciprocal technological spillovers between local firms and MNC subsidiaries. M&As are preferred when host countries exhibit a certain level of development in their local systems of innovation, especially for technologically leading MNCs. Otherwise, for technological laggard MNCs, greenfield investments prevail and M&As may be carried out for meeting demand motives in developing local systems of innovation. | |
| dc.description.department | Depto. de Economía Aplicada, Estructura e Historia | |
| dc.description.faculty | Fac. de Ciencias Económicas y Empresariales | |
| dc.description.refereed | TRUE | |
| dc.description.status | pub | |
| dc.eprint.id | https://eprints.ucm.es/id/eprint/60559 | |
| dc.identifier.doi | 10.1111/manc.12074 | |
| dc.identifier.issn | 14636786 | |
| dc.identifier.officialurl | http://dx.doi.org/10.1111/manc.12074 | |
| dc.identifier.uri | https://hdl.handle.net/20.500.14352/23804 | |
| dc.issue.number | 5 | |
| dc.journal.title | The Manchester School | |
| dc.language.iso | eng | |
| dc.page.final | 603 | |
| dc.page.initial | 568 | |
| dc.publisher | Blackwell Publishing Ltd | |
| dc.rights.accessRights | restricted access | |
| dc.subject.keyword | Foreign investments | |
| dc.subject.keyword | International business enterprises | |
| dc.subject.keyword | Technological innovations | |
| dc.subject.keyword | Economics | |
| dc.subject.keyword | Developing countries | |
| dc.subject.ucm | Desarrollo económico | |
| dc.subject.ucm | Economía internacional | |
| dc.subject.ucm | Empresas | |
| dc.subject.unesco | 5307.03 Modelos y Teorías del desarrollo Económico | |
| dc.subject.unesco | 5307.04 Estudios del desarrollo Económico | |
| dc.subject.unesco | 5310 Economía Internacional | |
| dc.subject.unesco | 5311 Organización y Dirección de Empresas | |
| dc.title | Foreign Direct Investment Entry Modes, Development and Technological Spillovers | |
| dc.type | journal article | |
| dc.volume.number | 83 | |
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