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ROLE OF FDI & ENTREPRENEURSHIP IN FOSTERING ECONOMIC GROWTH -A REVIEW OF LITERATURE

The later part of twentieth century saw developed nations emerge into knowledge economies, hinging on technological change which serves as the main driver for growth of economies in the long run. Entrepreneurs have attained attention as the tool for imbibing these fast evolving technological changes... Full description

Journal Title: Indian Journal of Commerce and Management Studies Sep 2017, Vol.8(3), pp.33-38
Main Author: Sumaira, Faiza
Other Authors: Dhar, Tasleem , Wani, Tasleem
Format: Electronic Article Electronic Article
Language: English
Subjects:
ID: ISSN: 22490310 ; DOI: 10.18843/ijcms/v8i3/05
Link: http://search.proquest.com/docview/1949474308/?pq-origsite=primo
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title: ROLE OF FDI & ENTREPRENEURSHIP IN FOSTERING ECONOMIC GROWTH -A REVIEW OF LITERATURE
format: Article
creator:
  • Sumaira, Faiza
  • Dhar, Tasleem
  • Wani, Tasleem
subjects:
  • Innovations
  • Technological Change
  • Economic Models
  • Studies
  • Economic Growth
  • Foreign Investment
  • Entrepreneurship
ispartof: Indian Journal of Commerce and Management Studies, Sep 2017, Vol.8(3), pp.33-38
description: The later part of twentieth century saw developed nations emerge into knowledge economies, hinging on technological change which serves as the main driver for growth of economies in the long run. Entrepreneurs have attained attention as the tool for imbibing these fast evolving technological changes in the form of new start-ups and deliberate on these changes in their existing business also. Economies now count knowledge as a part of the capital stock and technology is no longer an unintentional offshoot of a firm ?s investment action. FDI plays an eminent role in fostering growth through innovation, by serving as the source for knowledge and technological spillovers depending upon the absorptive capacity of the nation. In this paper a modest attempt has been made to explore the present literature regarding the link between FDI and entrepreneurship. This will help to present insights into how spillovers generated by FDI can aid entrepreneurs in promoting and sustaining long term economic growth. It also elaborates upon various channels through which transmission of knowledge and technological know-how takes place in an economy.
language: eng
source:
identifier: ISSN: 22490310 ; DOI: 10.18843/ijcms/v8i3/05
fulltext: fulltext
issn:
  • 22490310
  • 2249-0310
url: Link


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identifierISSN: 22490310 ; DOI: 10.18843/ijcms/v8i3/05
subjectInnovations ; Technological Change ; Economic Models ; Studies ; Economic Growth ; Foreign Investment ; Entrepreneurship
descriptionThe later part of twentieth century saw developed nations emerge into knowledge economies, hinging on technological change which serves as the main driver for growth of economies in the long run. Entrepreneurs have attained attention as the tool for imbibing these fast evolving technological changes in the form of new start-ups and deliberate on these changes in their existing business also. Economies now count knowledge as a part of the capital stock and technology is no longer an unintentional offshoot of a firm ?s investment action. FDI plays an eminent role in fostering growth through innovation, by serving as the source for knowledge and technological spillovers depending upon the absorptive capacity of the nation. In this paper a modest attempt has been made to explore the present literature regarding the link between FDI and entrepreneurship. This will help to present insights into how spillovers generated by FDI can aid entrepreneurs in promoting and sustaining long term economic growth. It also elaborates upon various channels through which transmission of knowledge and technological know-how takes place in an economy.
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abstractThe later part of twentieth century saw developed nations emerge into knowledge economies, hinging on technological change which serves as the main driver for growth of economies in the long run. Entrepreneurs have attained attention as the tool for imbibing these fast evolving technological changes in the form of new start-ups and deliberate on these changes in their existing business also. Economies now count knowledge as a part of the capital stock and technology is no longer an unintentional offshoot of a firm ?s investment action. FDI plays an eminent role in fostering growth through innovation, by serving as the source for knowledge and technological spillovers depending upon the absorptive capacity of the nation. In this paper a modest attempt has been made to explore the present literature regarding the link between FDI and entrepreneurship. This will help to present insights into how spillovers generated by FDI can aid entrepreneurs in promoting and sustaining long term economic growth. It also elaborates upon various channels through which transmission of knowledge and technological know-how takes place in an economy.
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