IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/22160_5.html
   My bibliography  Save this book chapter

Industrial policy and FDI

In: Handbook of International Business Policy

Author

Listed:
  • Vítor Corado Simões
  • Ricardo Paes Mamede

Abstract

This chapter reflects on the interactions between industrial policy and FDI. More specifically, the authors address two questions: How can FDI be used as an industrial policy instrument? How does industrial policy address FDI to enhance its contribution towards countries’ structural change goals? To respond these questions, the authors use an adapted version of the typology of FDI presented by Dunning, which encompasses four types of FDI: resource-seeking, market-seeking, efficiency-seeking, and strategic asset-seeking. Then, the authors combine this typology with their classification of economic development goals to assess the alignment of FDI with different strategies for the development of national productive capacities. Three basic development levels and policy concerns have been identified: building-up capabilities, catching-up, and sustained technology leadership. The authors develop a discussion of FDI as an industrial policy tool. Then the chapter deals with policies to enhance FDI’s contribution to countries’ structural change and competitiveness. This is developed in two steps: the identification of the main policy concerns regarding FDI, and then a discussion about the involvement by MNEs in industrial policy measures.

Suggested Citation

  • Vítor Corado Simões & Ricardo Paes Mamede, 2024. "Industrial policy and FDI," Chapters, in: Philippe Gugler & Ana T. Tavares-Lehmann (ed.), Handbook of International Business Policy, chapter 5, pages 80-101, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:22160_5
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/doi/10.4337/9781035308682.00012
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:22160_5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.