The Economic Role of Direct Foreign Investment in Developing Countries

2019 ◽  
pp. 256-277
Author(s):  
Elhusadi , Iman
Keyword(s):  
Developing Countries ◽  
Foreign Investment ◽  
Direct Foreign Investment ◽  
Economic Role

The Transfer of Technology to China in the Nineteenth Century: The Role of Direct Foreign Investment

1979 ◽  
Vol 39 (1) ◽  
pp. 181-197 ◽  
Author(s):  
Shannon R. Brown
Keyword(s):  
Nineteenth Century ◽  
Political Economy ◽  
Case Studies ◽  
Foreign Investment ◽  
Direct Foreign Investment ◽  
Chinese Government ◽  
Cultural Elements ◽  
Traditional System ◽  
Transfer Of Technology

The transfer of technology to China in the nineteenth century was carried out both by Chinese and foreigners. Given the half-hearted interest of the Chinese government in such activities, however, the role of direct foreign investment was enhanced. The profitability of such investments was determined not only by comparative costs and other conventional economic variables, but also by the interaction of each project with China's traditional system of political economy. The nature and importance of this interaction is examined by means of a number of case studies. The results emphasize the importance of cultural elements in the transfer of technology.

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