Globalization, Foreign Direct Investment and Technology Transfers: Impacts on and Prospects for Developing...

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Nagesh Kumar

Globalization, Foreign Direct Investment and Technology Transfers

Impacts on and Prospects for Developing Countries

Nagesh Kumar

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English

Routledge
10 September 1998

Economic forecasting; International economics; Development economics; Intermediate technology

Series: UNU/INTECH Studies in New Technology and Development

The impact of globalization during the past decade has been

uneven across regions, countries and sectors. While many countries have become more integrated into the world economy, increasing their cross-border transactions, others have been

left behind. Foreign direct investment (FDI) inflows and technology transfers are increasingly concentrated in a handful of countries, while the least developed countries continue

to be marginalized, despite the liberalization of their investment regimes. This book discusses emerging patterns and directions of FDI and technology transfers and the growth prospects for developing countries in this context of globalization.

In this study, leading scholars on the subject examine and explain the emerging patterns in international technology transfers and FDI flows over the past two decades. They analyse trends in internationalization of corporate activity in major conventional and emerging source countries of FDI to comment upon the prospects for outflows. This departs from the existing treatments of FDI as a homogenous resource

and allows for a more detailed prediction of future outflow

patterns. Throughout, the research focuses upon the implications of new trends for developing countries. Kumar concludes by outlining the policy implications for the governments of such countries seeking to mobilize technology and FDI for their industrialization and further integration into the international community. Controversially, he cautions against excessive optimism about the potential of FDI inflows as an agent of development.

This book draws together much data and information which is not readily available and provides reflections upon international business negotiations from a developing countries perspective.

This book has been produced in collaboration with Jamuna P. Agarwal, John H. Dunning, Robert E. Lipsey, Shujiro Urata. Nagesh Kumar, United Nations University Institute for New Technologies, Maastricht, Netherlands; Jamuna P. Agarwal, Kiel Institute of World Economics, Kiel Germany; John H. Dunning

Edited by: Nagesh Kumar
Imprint: Routledge
Country of Publication: United Kingdom
Volume: No.7
Dimensions: Height: 234mm, Width: 156mm, Spine: 17mm
Weight: 521g
ISBN: 9780415191111
ISBN 10: 0415191114
Series: UNU/INTECH Studies in New Technology and Development
Pages: 256
Publication Date: 10 September 1998
Audience: College/higher education , Professional and scholarly , Professional & Vocational , A / AS level , Further / Higher Education
Format: Hardback
Publisher's Status: Active

1. Introduction Nagesh Kumar 2. Technology Generation and Technology Transfers in the World Economy: Recent Trends and Prospects for Developing Countries Nagesh Kumar 3. The Changing Geography of Foreign Direct Investment: Explanations and Implications John H. Dunning 4. The Internationalization of US MNEs and Its Impact on Developing Countries Robert E. Lipsey 5. German MNEs: Consequences of Eastward Drive for Developing Countries Jamuna P. Agarwal 6. Japanese Foreign Direct Investment in Asia: Its Impact on Export Expansion and Technology Acquisition of the Host Countries Shujiro Urata 7. Emerging Outward Foreign Direct Investments from Asian Developing Countries: Prospects and Implications Nagesh Kumar 8. Foreign Direct Investments and Technology Transfers in an Era of Globalization and Prospects for Developing Countries: A Policy Postscript Nagesh Kumar Bibliographies

Kumar, Nagesh