Conceptual dimensions and the first two phases of finance flows
| First phase: development aid | Second phase: MNE investment | |
|---|---|---|
| Investment rationale | Explicit social impact | Explicit profit orientation. Sometimes market seeking; however, not explicitly targeting the specific needs in LICs |
| Locus of capacity | Mainly global, particularly on the technology side | Mainly global |
| Locus of needs and markets | Local needs in developing countries, often without market orientation | Primarily global needs |
| First phase: development aid | Second phase: MNE investment | |
|---|---|---|
| Investment rationale | Explicit social impact | Explicit profit orientation. Sometimes market seeking; however, not explicitly targeting the specific needs in LICs |
| Locus of capacity | Mainly global, particularly on the technology side | Mainly global |
| Locus of needs and markets | Local needs in developing countries, often without market orientation | Primarily global needs |
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.