Technological Spillovers from Foreign Direct Investment—A Survey

Emma Xiaoqin Fan

106 citations0/0 files storedAsian Development Review

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International Business and FDI Global trade and economics Economic Growth and Productivity

Abstract

Increased foreign direct investment (FDI) flows have stimulated intensive debate and research on the impact of FDI on host economies. This paper surveys the substantial literature exploring FDI and spillover effects, summarizes the main findings from previous research, and identifies omissions in existing studies that should be included in future studies. The paper also reviews research on FDI in the People’s Republic of China (PRC) alongside the general literature on FDI. The PRC literature is useful in illuminating the likely direction of FDI research in developing countries, especially transition economies.

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References

1956A Contribution to the Theory of Economic Growth 1988On the mechanics of economic development 1989Endogenous Technological Change 1963Economic Backwardness in Historical Perspective.1972Essays in the Theory of Risk-Bearing.1999Do Domestic Firms Benefit from Direct Foreign Investment? Evidence from Venezuela 1971International Corporations: The Industrial Economics of Foreign Investment 1991Trade, knowledge spillovers, and growth

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