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Uneven Domestic Knowledge Bases And The Success Of Foreign Firms In The Usa

机译：国内知识库不平衡和美国的外国公司的成功

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摘要

This paper investigates the effect of within-country and across-country inequalities on firms' FDI performance, and finds drivers of success in an advanced host economy (the USA) differ for firms from developed compared to developing countries. Returns to FDI for firms from developed countries are significantly correlated with home countries' level of economic development. In contrast, successful developing-country firms are from countries with lower within-country inequality, and reflect the industrial structure associated with developing countries: They are concentrated in scale-intensive industries and benefit especially from capital investment. The findings suggest that FDI reflects rather than disrupts unevenness in knowledge bases globally.
机译：本文研究了国家内部和国家之间的不平等对企业FDI绩效的影响，并发现发达的东道国（美国）成功的驱动力对于发达国家和发展中国家而言都是不同的。发达国家公司的外国直接投资收益与本国经济发展水平显着相关。相反，成功的发展中国家公司来自国家内部不平等程度较低的国家，并反映出与发展中国家有关的产业结构：它们集中于规模密集型产业，尤其受益于资本投资。调查结果表明，外国直接投资反映而不是破坏了全球知识库的不均衡性。

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