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A platform for research: civil engineering, architecture and urbanism
Inward Foreign Direct Investment and Domestic Entrepreneurship: A Regional Analysis of New Firm Creation in Korea
Lee I. H., Hong E. and Sun L. Inward foreign direct investment and domestic entrepreneurship: a regional analysis of new firm creation in Korea, Regional Studies. This paper assesses the intra- and inter-regional impacts of inward foreign direct investment on the decisions of establishing new firms in a given location by prospective local entrepreneurs, an important topic which has been largely neglected in the literature. Using a large firm-level dataset of 44 434 newly created small firms in 234 regions of South Korea in 2000–2004, the econometric estimations indicate that both intra- and inter-regional foreign direct investment spillovers influence entrepreneurs' decisions to situate new firms in a specific region, with inverted ‘U’-shaped curvilinear effects. The findings also suggest that the effect of regional foreign direct investment spillover on new firm creation is largely a localized phenomenon.
Inward Foreign Direct Investment and Domestic Entrepreneurship: A Regional Analysis of New Firm Creation in Korea
Lee I. H., Hong E. and Sun L. Inward foreign direct investment and domestic entrepreneurship: a regional analysis of new firm creation in Korea, Regional Studies. This paper assesses the intra- and inter-regional impacts of inward foreign direct investment on the decisions of establishing new firms in a given location by prospective local entrepreneurs, an important topic which has been largely neglected in the literature. Using a large firm-level dataset of 44 434 newly created small firms in 234 regions of South Korea in 2000–2004, the econometric estimations indicate that both intra- and inter-regional foreign direct investment spillovers influence entrepreneurs' decisions to situate new firms in a specific region, with inverted ‘U’-shaped curvilinear effects. The findings also suggest that the effect of regional foreign direct investment spillover on new firm creation is largely a localized phenomenon.
Inward Foreign Direct Investment and Domestic Entrepreneurship: A Regional Analysis of New Firm Creation in Korea
Lee, In Hyeock (author) / Hong, Eunsuk (author) / Sun, Laixiang (author)
Regional Studies ; 48 ; 910-922
2014-05-04
13 pages
Article (Journal)
Electronic Resource
English
Inward foreign direct investment , New firm creation , Entrepreneurship , System generalized method of moments (GMM) , 外商直接投资 , 新企业的创立 , 企业家 , 系统性动差估计法（GMM） , Investissement direct étranger , Création d'entreprise , Esprit d'entreprise , Méthode des moments généralisés en système , Eintreffende ausländische Direktinvestitionen , Gründung neuer Firmen , Unternehmertum , Verallgemeinerte Momentenmethode (GMM) , Inversión directa extranjera interna , Creación de nuevas empresas , Empresariado , Método generalizado de momentos , F23 , M13 , R12 , R39
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