Determinant of Foreign Direct Investment Spillovers; Kenya’s Domestic Firms Case

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dc.contributor.authorMugendi, Charles Ndegwa
dc.contributor.authorNjuru, Stephen Gitahi
dc.date.accessioned2022-05-30T08:07:38Z
dc.date.available2022-05-30T08:07:38Z
dc.date.issued2016-09
dc.descriptionA Research Article in the Journal of Business & Economic Policyen_US
dc.description.abstractDeveloping countries and emerging economies increasingly see foreign direct investment (FDI) as a catalyst to the development of domestic firms. This development can be through spillover effects whose presence can affect development of business enterprises in the host economy. FDI in developing countries is perceived not only as a source of capital inflow, but also as a vehicle for acquiring modern technology and the necessary managerial know how that these countries require for development. These are some of the reasons why most of the developing countries have continued to pursue domestic policies that encourage more FDI inflows. Many countries have gone further than simply removing barriers to inward foreign investment and have taken a more proactive approach towards attracting FDI through the use of fiscal and financial incentives. It appears therefore, that although the aggressiveness and effectiveness of the government’s policies in prompting FDI growth not been refuted, the effects of FDI on domestic firms and factors that determine spillovers are far from clear. Therefore, this study investigates the main firms’ characteristics that determine FDI spillovers. Firm level primary and secondary panel data were collected for the period 2012 to 2015. A structured questionnaire was administered to both domestic and foreign firms from different sectors. FGLS techniques was used and it was evident that firms that had skilled workers, high technology and research and development expenditure were able to attract horizontal and vertical spillovers.en_US
dc.description.sponsorshipNational Commission for Science, Technology,and Innovation (NACOSTI)en_US
dc.identifier.citationMugendi, C.N and Njuru S.(2016): Determinant of Foreign Direct Investment Spillovers on Domestic firms; A case of Kenya’s domestic firms. Journal of Business and Economics Policy, 3(3),http://jbepnet.com/journal index 2245 September 2016.en_US
dc.identifier.issn2375-0766
dc.identifier.issn2375-0774
dc.identifier.urihttp://ir-library.ku.ac.ke/handle/123456789/23781
dc.language.isoenen_US
dc.publisherCenter for Promoting Ideasen_US
dc.subjectForeign direct Investmenten_US
dc.subjectSpillovers: determinantsen_US
dc.subjectFGLSen_US
dc.titleDeterminant of Foreign Direct Investment Spillovers; Kenya’s Domestic Firms Caseen_US
dc.typeArticleen_US
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