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Exploring the Link between Foreign Direct Investment, Multinational Enterprises and Spillover Effects in Developing Economies

机译:探索外国直接投资,跨国企业与发展中经济体的溢出效应之间的联系

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Multinational enterprises exist because they hold certain competitive advantages over their local counterparts and affect local economies through their spillover effects. Research streams exploring the raison d’ etre and consequences of MNEs are quite distant and remote. This paper analyzes and integrates these two streams of literature, i.e. the competitive advantages that MNEs hold and their spillover effects in developing countries. The paper proposes a relationship and predicts the nature of spillover effects on the basis of competitive advantages of MNEs. This paper can guide the policymakers of developing countries to differentiate between the FDI that is good for their countries and FDI that weakens the already fragile economies of developing countries. The paper also opens a new avenue for the researchers by pointing towards a potential connection between MNEs’ competitive advantages and their spillover effects for the local economies. The relationship between FDI and competitive advantages of MNEs has rarely been researched previously and thus this paper contributes significantly to the existing literature.
机译:跨国企业之所以存在,是因为它们比本地企业具有一定的竞争优势,并通过溢出效应影响当地经济。研究跨国公司存在的理由和后果的研究流非常遥远和遥远。本文分析并整合了这两个文献流,即跨国公司所具有的竞争优势及其在发展中国家的溢出效应。本文提出了一种关系,并根据跨国公司的竞争优势预测溢出效应的性质。本文可以指导发展中国家的政策制定者区分对本国有利的外国直接投资和削弱已经脆弱的发展中国家经济的外国直接投资。该论文还指出了跨国公司的竞争优势与其对当地经济的溢出效应之间的潜在联系,从而为研究人员开辟了新的途径。外国直接投资与跨国公司竞争优势之间的关系以前很少研究过,因此,本文对现有文献做出了重要贡献。

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