AN EMPIRICAL ANALYSIS OF THE MOTIVATIONS OF UK'S INWARD R&D FDI 1
About This Book. 2
About the Authors. 3 Table of Content. 4
Contents. 4 Chapter 1: Background and Research Rationale. 7
Abstract. 7 R&D Internationalisation and R&D FDI in the UK. 7
Scholarly Debate on the Motivations of R&D FDI?. 10 Chapter Conclusion. 12
Chapter 2: Strategic Choice of R&D FDI 13 Theories of MNEs of Assets Exploitation. 13
Theories of MNEs' Assets Augmentation. 18 Chapter Conclusion. 29
Chapter 3: Empirical Literature on the Specific Motivations of FDI 30 Abstract. 30
Locational Factors of FDI 30 Chapter Conclusion. 42
Chapter 4: Conceptual Framework - A Model of R&D FDI Motivations in the UK. 43 Abstract. 43
Conceptual Framework and Hypotheses Development. 43 Chapter Conclusion. 50
Chapter 5: Dynamic Panel Data Analysis Techniques. 51 Abstract. 51
The Research Design. 51 Sample and Data Collection. 52
Data Analytical Techniques. 55 Dynamic Panel Data Analysis. 56
Chapter Conclusion. 61 Chapter 6: Motivations of R&D FDI in the UK - Analysis, Discussion and Conclusion. 62
The Study Model and Variables Specification. 62 The Dependent Variable. 64
The Predictive Variables. 65 The Control Variables. 66
Data Analysis. 67 Descriptive Statistics. 68
Pre-Estimation Tests. 70 Empirical Results of System GMM Estimation. 72
Discussion of Findings. 73 Chapter Conclusion. 77
Chapter 7: Research Conclusions and Emerging Agenda. 79 Abstract. 79
Introduction. 79 Research Conclusion on the Motivations of R&D FDI in the UK. 79
Contributions to Knowledge and theory. 81 Contribution to Practice. 82
Recommendations for Future Research. 82 Final Summary. 83
References. 84
About the Author: Osagie Igbinigie is Lecturer in International Finance at the University of Wolverhampton. His research interests lie in the areas of motivations and impacts of inward and outward R&D-related FDI, focusing on advanced economies and comparing between OECD and non-OECD countries.
Mark Cook is Reader, International Business at the University of Wolverhampton. He has published extensively on FDI, focusing on aggregate inward UK determinants at both national and regional levels. His current research interests include FDI into the peripheral regions of the UK and comparative studies of African-inbound FDI.
Lucy Zheng is Professor of International Business Management at Sheffield Business School, Sheffield Hallam University. Her research interests lie widely in international business, management, economics, and entrepreneurship, with a core focusing on FDI and emerging markets.
