Foreign Direct Investment and Small and Medium Enterprises

There is a large literature dealing with the spillover effects of foreign direct investment (FDI) flows to emerging and developing economies at the aggregate level. Beyond the aggregate impacts, a growing number of studies also examine the impact of FDI spillovers on firms of different sizes, especially small and medium enterprises (SME). This book is dedicated to exploring issues relating to the various interactions between FDI flows, productivity spillovers and SMEs in Asia and beyond. It studies globalization, FDI, and regional innovation in China, and trade and investment liberalization in India. It analyses how to promote SMEs and enhance labor productivity in Singapore. It investigates the impact of intellectual property rights processes on productivity growth. It documents the use of finance and financing patterns of informal firms. It uses empirical analysis to point out the limitations of traditional banks lending to SMEs and suggests possible policy approaches facilitating them to access growth capital. It also provides an empirical investigation of the main determinants of entrepreneurial activities.

Contents:

• Foreign Direct Investment (FDI), Productivity Spillovers and the Role of Small and Medium Enterprises (SMEs) Financing (Khee Giap Tan and Kong Yam Tan)
• Globalization, Foreign Direct Investment, and Regional Innovation in China (Yi Zhang and Hein Roelfsema)
• Trade and Investment Liberalization in India: Implications for Productivity Gains (Ram Upendra Das)
• Foreign Direct Investment, Intellectual Property Rights, and Productivity Growth (Sasatra Sudsawasd and Santi Chaisrisawatsuk)
• A New Regime of SME Finance in Emerging Asia: Enhancing Access to Growth Capital and Policy Implications (Shigehiro Shinozaki)
• Informal Firms and Financial Inclusion: Status and Determinants (Subika Farazi)
• Promoting SMEs and Enhancing Labor Productivity in Singapore: A Policy Analysis (Khee Giap Tan and Yan Yi Tan)
• Determinants of Entrepreneurs' Activities: New Evidence from Cross-Country Data (Doaa M Salman)

Readership: Academics, policy-makers, professionals, undergraduate and graduate students interested in foreign direct investment, globalization, financing of small and medium enterprises, and labor productivity.