Does foreign direct investment crowd out domestic entrepreneurship?

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• dc.contributor.author de Backer, Koenca
• 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.date.modified 2017-07-23T02:06:51Z
• 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.format.mimetype application/pdfca
• 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.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.accessRights info:eu-repo/semantics/openAccess
• dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
• dc.subject.keyword fdi
• dc.subject.keyword entrepreneurship
• dc.subject.keyword entry/exit
• dc.subject.keyword Macroeconomics and International Economics
• dc.title Does foreign direct investment crowd out domestic entrepreneurship?ca
• dc.type info:eu-repo/semantics/workingPaper