{"title":"Does Foreign Direct Investment Matter to Domestic Entrepreneurship? The Mediating Role of Strategic Alliances","authors":"Jungho Kim","doi":"10.1080/1226508X.2019.1635037","DOIUrl":null,"url":null,"abstract":"ABSTRACT This study investigates the impact of foreign direct investment (FDI) on domestic entrepreneurship in a host country by analysing a unique panel dataset of FDI and startup rates in Korean industries. It finds that FDI with a time lag has a positive effect on the startup rate, implying that inward FDI promotes domestic entrepreneurship. It shows that the strategic alliances moderate the relationship between FDI and the startup rate, depending upon the types of FDI and alliances. Both intra- and inter-industry alliances enhance the positive effect of foreign greenfield investment, while inter-industry alliances mitigate the effect of foreign acquisition.","PeriodicalId":1,"journal":{"name":"Accounts of Chemical Research","volume":"17 1","pages":"303 - 319"},"PeriodicalIF":16.4000,"publicationDate":"2019-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"5","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Accounts of Chemical Research","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1080/1226508X.2019.1635037","RegionNum":1,"RegionCategory":"化学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"CHEMISTRY, MULTIDISCIPLINARY","Score":null,"Total":0}
引用次数: 5
Abstract
ABSTRACT This study investigates the impact of foreign direct investment (FDI) on domestic entrepreneurship in a host country by analysing a unique panel dataset of FDI and startup rates in Korean industries. It finds that FDI with a time lag has a positive effect on the startup rate, implying that inward FDI promotes domestic entrepreneurship. It shows that the strategic alliances moderate the relationship between FDI and the startup rate, depending upon the types of FDI and alliances. Both intra- and inter-industry alliances enhance the positive effect of foreign greenfield investment, while inter-industry alliances mitigate the effect of foreign acquisition.
期刊介绍：
Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance.
Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.
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