Is foreign direct investment attracted to 'knowledge creators'?

The effect of 'knowledge creators' on location patterns of new foreign plants entering the USA from 1986 to 1993 is analysed. The empirical results from a conditional logit model suggest a link exists between knowledge bases, measured by patent counts, and the location decisions of foreign...

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Veröffentlicht in:Applied economics 2004-06, Vol.36 (11), p.1143-1149
Hauptverfasser: Co cor1, Catherine Y., List, John A.
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container_title Applied economics
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creator Co cor1, Catherine Y.
List, John A.
description The effect of 'knowledge creators' on location patterns of new foreign plants entering the USA from 1986 to 1993 is analysed. The empirical results from a conditional logit model suggest a link exists between knowledge bases, measured by patent counts, and the location decisions of foreign plants. In the limit, these results imply that a 1% increase in patent counts is associated with an increase in the probability of attracting a new foreign plant by as much as 1.874%.
doi_str_mv 10.1080/0003684042000176810
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subjects Applied economics
Economic models
Economic theory
Foreign direct investment
Foreign investments in the US
Industrial plants
Investment
Knowledge
Location of industry
R&D
Research & development
Studies
U.S.A
title Is foreign direct investment attracted to 'knowledge creators'?
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