The new multinational corporations from transition countries |
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| Affiliation: | 1. Department of Statistics, Applied Mathematics and Computing, São Paulo State University – UNESP, Rio Claro/SP, 13506-900, Brazil;2. School of Computer Science, Bangor University, Bangor, LL57 1UT, United Kingdom;3. Instituto de Ciência e Tecnologia, Universidade Federal de São Paulo – UNIFESP, São José dos Campos/SP, 12247-014, Brazil |
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| Abstract: | In the last decade, outward foreign direct investment (FDI) from transition countries (TCs) has emerged. The new multinational corporations (MNCs) from TCs are quite different from the former “red multinationals” (1), we describe the emergence of these new MNCs (2) and then provide econometric testing of the relationship between outward FDI and the level of economic development in home country that fits with TCs (3). |
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