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Does foreign direct investment crowd out domestic entrepreneurship?

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dc.contributor.author de Backer, Koen
dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
dc.date.accessioned 2017-07-26T10:50:57Z
dc.date.available 2017-07-26T10:50:57Z
dc.date.issued 2002-05-01
dc.identifier https://econ-papers.upf.edu/ca/paper.php?id=618
dc.identifier.citation Review of Industrial Organization 22, 67-84, 2003, Kluwer Academic Publishers
dc.identifier.uri http://hdl.handle.net/10230/594
dc.description.abstract In analyzing firm entry and exit across Belgian manufacturing industries, this paper presents evidence that import competition and foreign direct investment discourage entry and stimulate exit of domestic entrepreneurs. These results are in line with theoretical occupational choice models that predict foreign direct investment would crowd out domestic entrepreneurs through their selections in product and labor markets. However, the empirical results also suggest that this crowding out effect may be moderated or even reversed in the long-run due to the long term positive effects of FDI on domestic entrpreneurship as a result of learning, demonstration, networking and linkage effects between foreign and domestic firms.
dc.language.iso eng
dc.relation.ispartofseries Economics and Business Working Papers Series; 618
dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.title Does foreign direct investment crowd out domestic entrepreneurship?
dc.type info:eu-repo/semantics/workingPaper
dc.date.modified 2017-07-23T02:06:51Z
dc.subject.keyword fdi
dc.subject.keyword entrepreneurship
dc.subject.keyword entry/exit
dc.subject.keyword Macroeconomics and International Economics
dc.rights.accessRights info:eu-repo/semantics/openAccess


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