Foreign direct investment in the former communist world
A key vehicle for technological upgrading
Bibliographic Data
| ID | 12530896 |
|---|---|
| Authors | David A Dyker (University of Sussex, corresponding author) |
| Year | 1999 |
| Volume | 12 |
| Issue | 3 |
| Pages | 345-352 |
| Publication date | 1999-09-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Innovation The European Journal of Social Science Research (JOURNAL) |
| Journal identifiers | ISSN: 1351-1610 • E-ISSN: 1469-8412 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1080/13511610.1999.9968608 |
| OpenAlex | W2011352755 |
| Language | EN |
| References cited | 2 |
Foreign direct investment (FDI) is a crucially important, though not unique, vehicle for technology transfer in the context of transition. Analysis of actual patterns of FDI does, however, reveal a serious danger—that FDI may be asset absorbing (shallow integration) rather than asset creating (deep integration), i.e. may simply exploit existing factor endowments, including technological capabilities, rather than upgrading them. While abuse of market power does occur with FDI, it should not be seen as a critical problem as long as genuine asset creation is going on. At present there is a serious mismatch between the S&T systems of the transition countries and the needs of foreign firms carrying out FDI. It would be unrealistic to expect FDI to drive the process of resolution if these mismatch
Asset (computer security · Business · Computer security · Context (archaeology · Deep integration · Economic system · Economics · Exploit · Foreign direct investment · Industrial organization · International economics · International trade · Macroeconomics · Process (computing · Computer Science · Economic Issues in Ukraine · Post-Communist Economic and Political Transition · Russia and Soviet political economy
| Highly cited | No |
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