Template-type: ReDIF-Paper 1.0
Author-Name: Costa, Ionara
Author-Email: costa@merit.unu.edu
Author-Workplace-Name: UNU-MERIT
Author-Name: Filippov, Sergey
Author-Email: fillipov@merit.unu.edu
Author-Workplace-Name: UNU-MERIT
Title: A New Nexus Between Foreign Direct Investment, Industrial and Innovation 
	 Policies 
Abstract: This paper deals with the interplay between foreign direct investment 
	 (FDI) and the industrial and innovation policies of host developing 
	 economies. It aims to redefine the nexus between these different, though 
	 yet strongly interconnected policy areas, by bringing the affiliates of 
	 multinational corporations already established in a host economy to the 
	 first level of analysis. It argues that host country governments should 
	 concentrate on enhancing innovativeness and development of existing 
	 foreign-owned affiliates, instead of striving to attract higher volumes 
	 of FDI inflows.   
Classification-JEL: F21, F23, F29, L25, O25, O38, O39
Keywords: Foreign Direct Investment, FDI, Foreign-owned Affiliates, Industrial Policy,
	 Innovation Policy 
Series: UNU-MERIT Working Papers
Creation-Date: 2007
Number: 2007-030
File-URL: https://unu-merit.nl/publications/wppdf/2007/wp2007-030.pdf
File-Format: application/pdf
File-Size: 275 Kb
Handle: RePEc:unm:unumer:2007030