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Entrepreneurship and the Dynamics of Foreign Direct Investment

In: The Economic Theory of the Multinational Enterprise

Author

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  • Mark Casson

Abstract

Analysis of entrepreneurship has been very much neglected by economists. This weakness of orthodox theory is apparent in fields as diverse as economic development, comparative economic systems, investment and business cycles, industrial structure, and the distribution of income (Baumol, 1968). This chapter shows that by relaxing some of the restrictive assumptions of orthodox theory it is possible to develop an economic theory of entrepreneurship which offers insights into international business behaviour.

Suggested Citation

  • Mark Casson, 1985. "Entrepreneurship and the Dynamics of Foreign Direct Investment," Palgrave Macmillan Books, in: The Economic Theory of the Multinational Enterprise, chapter 8, pages 172-191, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-05242-4_8
    DOI: 10.1007/978-1-349-05242-4_8
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    Cited by:

    1. Buckley, Peter J. & Carter, Martin J., 2002. "Process and structure in knowledge management practices of British and US multinational enterprises," Journal of International Management, Elsevier, vol. 8(1), pages 29-48.
    2. Stopochkin Artem & Sytnik Inessa & Sytnik Bogdan, 2020. "Methodology for Analyzing the Level of International Entrepreneurship Development," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 259-285.
    3. Anwar, Sajid & Nguyen, Lan Phi, 2011. "Foreign direct investment and export spillovers: Evidence from Vietnam," International Business Review, Elsevier, vol. 20(2), pages 177-193, April.

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