Cross-border technology investments in recession
Utilizing industry-level foreign direct investment (FDI) from 72 source markets to 122 destination markets between 2003 to 2018, we evaluate how cross-border technology investments respond to economic recessions. We find that FDI embedded with intensive research and development (R&D) drops when...
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Main Authors: | SUN, Juliana Yu, ZHENG, Huanhuan |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2023
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Online Access: | https://ink.library.smu.edu.sg/soe_research/2694 https://ink.library.smu.edu.sg/context/soe_research/article/3693/viewcontent/RecessionFDI_2022_1109.pdf |
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Institution: | Singapore Management University |
Language: | English |
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