Making FDI work for Innovation Clusters

Making foreign direct investment work for innovation clusters

Research and Development (R&D) activities of foreign multinationals can act as powerful boosters of local innovation and growth in the cities where they invest.

Making foreign direct investment work for innovation clusters

Riccardo Crescenzi, Arnaud Dyèvre, and Frank Neffke write that second-tier multinationals—those outside the top 20% of innovating firms—that ...

Cultivate Clusters as a Tool for an Effective FDI Strategy

Strategic FDI policy overlaps significantly with common sense economic development policies based on cultivating strong clusters that tend to ...

FDI Announcements: A Potential Signal of the Benefits of Cluster ...

Higher average employment concentrations are a better predictor of FDI flows. The degree to which clusters attract FDI—growth via magnetism—appears to be ...

INNOVATION CLUSTERS BRING LASTING ECONOMIC ...

multiplier for jobs and GDP. • Members compete for manufacturing project grants ... America Makes: National Additive Manufacturing Innovation Institute.

LSE - Global Investments Local Development | Facebook

... foreign investors actually contribute more towards local innovation and knowledge spillovers: · BLOGS.LSE.AC.UK. Making FDI work for Innovation Clusters. By ...

Competitive advantage, industry clusters and the magnetic attraction ...

of clusters on industrial employment, innovation and productivity ... clusters tend to garner a greater volume of FDI-related employment. This may ...

Evidence from Hong Kong Garment Firms in China - ScienceDirect

Clustered FDI is shown to be significantly better than dispersed FDI at transferring technology in certain respects, implying that industry cluster and FDI ...

2 Policies for improving FDI impacts on productivity and innovation

(2014), Making Foreign Direct Investment Work for Sub-Saharan. Africa:Local Spillovers and Competitiveness in Global Value Chains, The World Bank, https ...

THE ROLE OF FOREIGN DIRECT INVESTMENT IN THE ...

Keywords: global competition, foreign investment, innovation, cluster ... Modern innovation clusters differ from early industrial clusters in that they create ...

Unveiling the impact of foreign investment entry in industrial clusters

While previous research has highlighted the increasing involvement of cluster firms in internationalization and knowledge globalization, the role of foreign ...

Does FDI foster technological innovations? Empirical evidence from ...

The findings of the study show that foreign direct investment (FDI), trade openness, economic growth, and research & development expenditure ...

The Rationale for FDI - USA Competes

Making the Case for International Engagement · 1. FDI strengthens local economies — higher wages, improved productivity, stronger manufacturing base · 2. FDI ...

Efforts to Innovate Favouring the Absorption of Foreign Direct ... - MDPI

R&D expenditures, external collaboration, and public funds for innovation favour the absorption of Foreign Direct Investment to achieve beneficial outcomes from ...

Nexus of innovation, foreign direct investment, economic growth and ...

His work established the 'innovation theory of economic growth,' emphasising that new technologies and innovative processes are vital elements in a nation's ...

Innovations in Foreign Direct Investment Attraction - FDI Consultants

... FDI in order to create jobs, support innovation and increase exports. The focus is on attracting greenfield FDI. The program supports non-profit and public ...

Innovation and foreign direct investment attraction in developing ...

Drawing upon data from the global innovation index, the experimental findings of this research show the bidirectional FDI-INN nexus and suggest that policies ...

Firms of a feather cluster together: The role of industry ... - IBRC

The evidence suggests that specialization in an industry cluster serves as a magnet for FDI-related employment. Low-concentration industry clusters, that is, ...

Innovate@EDA: Attracting Foreign Direct Investment (FDI)

Highlight: Rutgers Food Innovation Center Encourages FDI in New Jersey ... The project is expected to create 250 jobs and generate $360 million in ...

The importance of clusters for spillovers from foreign direct ... - jstor

to have been little theoretical or empirical work on the link between FDI and firm clusters ... 1997), innovative milieux in France (Longhi, 1999) and in ...