EconStor >
Institut für Weltwirtschaft (IfW), Kiel >
Economists Online >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/28939
  
Title:The Impact of foreign direct investment on new firm survival in the UK: evidence for static versus dynamic industries
Authors:Burke, Andrew E.
Görg, Holger
Hanley, Aoife
Issue Date:2008
Citation:[Volume:] 31 [Issue:] 4 [Pages:] 395-407 [Journal:] Small business economics : an internat. journal [ISBN:] 0921-898X
Abstract:The paper examines the impact of Foreign Direct Investment (FDI) on the survival of business start-ups. FDI has potential for both negative displacement/competition effects as well as positive knowledge spillover and linkage effects on new ventures. We find a net positive effect for the whole dataset. However, a major contribution of the paper is to outline and test an argument that this effect is likely to be comprised of a net negative effect in dynamic industries (high churn: firm entry plus exit relative to the stock of firms) alongside a net positive effect in static (low churn) industries. We find evidence to support this view. The results identify new effects of globalisation on enterprise development with associated challenges for industrial policy.
Subjects:New firms
Foreign direct investment
Dynamic industries
JEL:F20
L11
L25
L26
M13
Persistent Identifier of the first edition:doi:10.1007/s11187-007-9065-y
Document Type:Article
Appears in Collections:Economists Online

Files in This Item:

There are no files associated with this item.

No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/28939

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.