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Knowledge Spillovers from FDI : A Critical Review from the International Business Perspective
Author(s) -
Perri Alessandra,
Peruffo Enzo
Publication year - 2016
Publication title -
international journal of management reviews
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 4.475
H-Index - 107
eISSN - 1468-2370
pISSN - 1460-8545
DOI - 10.1111/ijmr.12054
Subject(s) - multinational corporation , foreign direct investment , perspective (graphical) , spillover effect , scope (computer science) , business , macro , international business , macro level , industrial organization , knowledge spillover , phenomenon , economic geography , micro level , knowledge flow , investment (military) , economics , economic system , knowledge management , microeconomics , management , political science , macroeconomics , politics , law , physics , finance , quantum mechanics , artificial intelligence , economic impact analysis , computer science , programming language
This paper reviews and organizes the theoretical and empirical research on foreign direct investment ( FDI) knowledge spillovers from the international business perspective. In doing so, it develops a framework for the analysis of this phenomenon. The suggested FDI knowledge spillover framework integrates both the macro‐level (country, industry, institutions) and micro‐level (multinational firm, headquarters, subsidiary, local firms) antecedents of spillovers with their consequences, and proposes to analyse spillovers along three main attributes that characterize their occurrence, i.e. their magnitude, scope and speed.