THE ROLE OF KNOWLEDGE – BASED ASSETS FOR FOREIGN DIRECT INVESTMENT: BASIC AND A SIMPLE MODEL OF VERTICAL INTEGRATION

Abstract

Foreign direct investment (FDI) has become one of the most significant drivers of economic globalization and international business expansion. Over recent decades, the growth of FDI has outpaced the growth of world gross domestic products (GDP) and international trade, highlighting its increasing importance in the global economy.

References

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