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Managerial Economics
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Managerial Economics
......The article FDI, Trade, and Product Innovation: Theory and Evidence however does take into account the validation of four key variables that have the greatest impact on FDI influence on economic growth of foreign nations. These included inward-bound FDI, outward FDI, import aggregation measures of supply chain efficiency and exports and their implied velocity (Lin, Lin, 464). The authors contend that these factors are most critical for a given nations growth from a productivity growth and organizational capital standpoint. The missing factors of personal productivity as a determinant of national competitiveness, a key point made in our textbook and by Dr. Michael Porter in much of his research, are not evident in the analysis. This is one aspect of the national competitiveness and if it is strengthened by R&D-based FDI needs further research on a global scale
The Confucian Consumer; Seven reasons why the Chinese save, when they really should be spending......
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