Wei Zhang
نویسندگان
چکیده
1. Introduction As one of the basic drives of globalization, Foreign Direct Investment (FDI) is playing an active role in the economic development of NIEs. For instance, in China 2004, fixed assets investment, industry value added, and export of FDI firms accounts for 12%, 28%, and 57% of nation's total amount. 24 million employees are hired by FDI firms which accounts for 10% of all non-agriculture work force. The inflows of FDI not only increase the capital and create employment opportunities but also influence the innovation process of host countries. Through spillover effect of FDI host countries may improve their technological capability, organizational efficiency and management skills and even start endogenous growth.
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