Term
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Definition
| The amount of FDI undertaken over a given time. |
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Term
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Definition
| The total accumulated value of foreign-owned assets at a given time. |
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Term
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Definition
| The flow of FDI out of a country |
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Term
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Definition
| The flow of FDI into a country |
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Term
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Definition
| Establishing a new operation in a foreign country |
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Term
| Gross Fixed Capital Formation |
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Definition
| The summary of the total amount of capital invested in factories, stores, office buildings and the like. |
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Term
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Definition
| the theory that combining location-specific assets or resource endowments and the firm's own unique assets often requires FDI; it requires the firm to establish production facilities where those foreign assets or resource endowments are located. |
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Term
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Definition
| Sale of products produced in one country to residents of another country |
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Term
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Definition
| Occurs when a firm (the licensor) grants a foreign entity the right to produce its product, use its production processes, or use its brand name or trademark in return for a royalty fee on every unit sold. |
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Term
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Definition
| The argument that firms prefer FDI over licensing in order to retain control over know-how, manufacturing, marketing and strategy or because some firm capabilities are not amenable to licensing. |
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Term
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Definition
| Another name for internalization theory |
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Term
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Definition
| An industry composed of a limited number of large firms. |
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Term
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Definition
| When two or more enterprises encounter each other in different regional markets, national markets, or industries. |
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Term
| Location-Specific Advantages |
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Definition
| Advantages that arise from utilizing resource endowments or assets that are tried to a particular foreign location that a firm finds valuable to combine with its own unique assets, such as technological, marketing, or management capabilities. |
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Term
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Definition
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Term
| Balance-of-Payments Accounts |
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Definition
| National accounts that track both payments to and receipts from foreigners. |
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Term
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Definition
| In the balance of payments, this records transactions involving the export or import of goods and services. |
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Term
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Definition
| FDI undertaken to serve the home market |
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