A new nexus between foreign direct investment, industrial and innovation policies

Costa, Ionara and Filippov, Sergey (2007). A new nexus between foreign direct investment, industrial and innovation policies. UNU-MERIT.

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UNU-MERIT Working Papers

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  • Author Costa, Ionara
    Filippov, Sergey
    Title A new nexus between foreign direct investment, industrial and innovation policies
    Publication Date 2007
    Publisher UNU-MERIT
    Abstract This paper deals with the interplay between foreign direct investment (FDI) and the industrial and innovation policies of host developing economies. It aims to redefine the nexus between these different, though yet strongly interconnected policy areas, by bringing the affiliates of multinational corporations already established in a host economy to the first level of analysis. It argues that host country governments should concentrate on enhancing innovativeness and development of existing foreign-owned affiliates, instead of striving to attract higher volumes of FDI inflows.
    Keyword Foreign direct investment
    Foreign-owned affiliates
    Industrial policy
    Innovation policy
    JEL F21
    F23
    F29
    L25
    025
    038
    039
    Copyright Holder UNU-MERIT
    Copyright Year 2007
    ISSN 1871-9872
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