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Determinants of Outward FDI: Role of Technological Intensity, Spillovers and Intangible Assets

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  • Sanyal, Prabuddha

Abstract

This study investigates whether foreign direct investment (FDI) is governed by technological intensity, technology spillovers and intangible asset acquisition motives. The analysis is undertaken for U.S. outward FDI for a sample of developed economies. The results indicate that technological intensity in the host country is a significant determinant of outward FDI, as are other motives, like market access and tariff-jumping. Once the spillover and intangible asset acquisition motives are taken into account, market access motive in outward FDI disappears.

Suggested Citation

  • Sanyal, Prabuddha, 2004. "Determinants of Outward FDI: Role of Technological Intensity, Spillovers and Intangible Assets," Conference papers 331301, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
  • Handle: RePEc:ags:pugtwp:331301
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    References listed on IDEAS

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