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dc.contributor.authorAMIGHINI, Alessia
dc.contributor.authorRABELLOTTI, Roberta
dc.contributor.authorSANFILIPPO, Marco
dc.date.accessioned2012-03-12T09:29:46Z
dc.date.available2012-03-12T09:29:46Z
dc.date.issued2010
dc.identifier.citationSeoul Journal of Economics, 2010, 23, 2, 239-261en
dc.identifier.issn1225-0279
dc.identifier.urihttps://hdl.handle.net/1814/21075
dc.description.abstractOne of the more recent aspects of the globalization process is the rise and the increasing outward expansion of multinational enterprises (MNEs) from developing countries. Among the more promising effects of this phenomenon is a potentially positive development impact: through outward foreign direct investment (OFDI) developing country MNEs acquire new knowledge, which contributes to the technological catch-up of their home countries. This paper reviews the recent literature on OFDI from developing countries, with a critical focus on the theory and evidence of FDI as a channel for technological catch-up. This literature suggests that the features and global business environment of current emerging country MNEs is different from those of latecomer firms in earlier decades. Modularity of production in an increasing number of sectors, combined with weak national innovation systems (NIS) in many developing countries explain why the sourcing of strategic assets ? including technology and innovation ? from abroad through OFDI has become such an important channel for technological catch-up.en
dc.format.mimetypeapplication/pdf
dc.language.isoenen
dc.relation.urihttp://hdl.handle.net/10371/69809en
dc.rightsinfo:eu-repo/semantics/openAccess
dc.titleOutward FDI from Developing Country MNEs as a Channel for Technological Catch-Upen
dc.typeArticleen
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