Inward foreign direct investment and domestic entrepreneurship : a regional analysis of new firm creation in Korea

Auteur(s) et Affiliation(s)

LEE, I.H.

Dept. of Management, Gordon Ford College of Business, Western Kentucky Univ., Bowling Green, Etats-Unis

HONG, E.

Dept. of Financial and Management Studies (DeFiMS), School of Oriental and African Studies (SOAS), Univ., London, Royaume-Uni

SUN, L.

Dept. of Financial and Management Studies (DeFiMS), School of Oriental and African Studies (SOAS), Univ., London, Royaume-Uni

Description :
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 in South Korea. 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.

Type de document :
Article de périodique

Source :
Regional studies, issn : 0034-3404, 2014, vol. 48, n°. 5, p. 910-922, nombre de pages : 13, Références bibliographiques : 2 p.

Date :
2014

Editeur :
Pays édition : Royaume-Uni, Cambridge, Cambridge University Press

Langue :
Anglais