Governance Quality, Foreign Direct Investment, and Entrepreneurship in Emerging Markets
Journal of Asian Business and Economic Studies, Forthcoming
Posted: 23 Mar 2018 Last revised: 18 Jun 2019
Date Written: August 31, 2017
Abstract
The effect of foreign direct investment (FDI) on indigenous entrepreneurship in emerging markets is shaped in association with the quality of national governance infrastructure. The essential of such a convoluted interplay is concluded: governance quality alters the FDI-based spillovers of entrepreneurship in ways that depend on whether FDI is inward or outward and entrepreneurship is opportunity-motivated or necessity-motivated.
Keywords: institutions, governance quality, foreign direct investment, entrepreneurship, opportunity entrepreneurship, necessity entrepreneurship, emerging markets
JEL Classification: F21, F23, M13, L26, O17, O43, G18
Suggested Citation: Suggested Citation