The impact of Greenfield investment on domestic entrepreneurship

Journal of Innovation and Entrepreneurship

Dung Hoai Thi Nguyen¹  Tung Son Ha¹  Anh Ngoc Thi Nguyen¹  Mai Tuyet Thi Nguyen¹  Vu Tuan Chu² 

[1] Faculty of Business Management, National Economics University, Hanoi, Vietnam;Faculty of Business Management, National Economics University, Hanoi, Vietnam;Telfer School of Management, University of Ottawa, Ottawa, Canada;

关键词: Greenfield investment;    Entrepreneurial activities;    Opportunity-based entrepreneurship;    Foreign direct investment;   

DOI  :  10.1186/s13731-021-00164-6

来源: Springer

【 摘 要 】

The FDI-entrepreneurship nexus has received growing attention over the last decade. However, the empirical findings on their relationship have been inconsistent at best. This study seeks to examine how the inflows of Greenfield investment influence entrepreneurship of the host country. Using panel data from 110 countries during the period 2001-2018, we find that growing level of Greenfield investment brings detrimental impact on the level of total and opportunity-driven entrepreneurial activities in the host countries while the impact on necessity-driven entrepreneurship have been mixed. The results regarding the impact of Greenfield investment on total entrepreneurial activities and opportunity-based entrepreneurial activities are robust across different econometric settings, different time span, and different categories of control variables.

【 授权许可】

CC BY