... of emerging market multinationals (EMNEs). The author does so to better understand how outward foreign investment shapes economic development in firms’ home countries. Design/methodology/approach Considering that the characteristics of foreign investment by EMNEs likely differ from that of their developed...

... with country-level indicators and determinants of economic development and competitiveness, as suggested by that perspective. Originality/value The authors conclude that there is no robust support for either the IV or the EE perspective and highlight the need for more contextualized theorizing about...

... 2015 Multinational enterprises Economic development Global value chains Host-country determinants Investment motivations Policy implications Prima facie, all this raises the question as to whether “classic” FDI motivation categories remain as relevant today as they have in the past...

...Quyen T.K. Nguyen Purpose The purpose of this paper is to shed new light on the debate about the role of foreign direct investment (FDI) and public policy in fostering economic development. Specifically, can the capital inflow of multinational enterprises (MNEs) and the ability of the subsidiaries...