TY - JOUR
T1 - Emerging Economy Inward and Outward Foreign Direct Investment
T2 - A Bibliometric and Thematic Content Analysis
AU - da Silva-Oliveira, Keilla Dayane
AU - de Miranda Kubo, Edson Keyso
AU - Morley, Michael J.
AU - Cândido, Rodrigo Médici
N1 - Publisher Copyright:
© 2021, The Author(s).
PY - 2021/10
Y1 - 2021/10
N2 - Research examining emerging economy inward and outward foreign direct investment (FDI) flows is on a significant upward trajectory. In this bibliometric analysis covering 806 articles published between 1994 and 2019, we map key aspects of its contours. Our analysis proceeds in two sequential phases involving a performance analysis, followed by a thematic analysis. Our performance analysis unveils fundamental elements of the structure of the knowledge base. Our subsequent thematic analysis identifies three focal topics arising from identifiable shared qualities characterizing this literature. Firstly, we distinguish scholarship focused on inward FDI into emerging economies formed by two particular classes, namely ‘innovative FDI’ and ‘capital flows’. Our second theme covers outward FDI from these emerging economies and also comprises two specific classes referring to the ‘institutional environment’ and the ‘theoretical framework deployed’. Our final theme relates to an integrated body of knowledge explicating aspects of the location choice decision. Building on this analysis, we isolate a number of opportunities for future research.
AB - Research examining emerging economy inward and outward foreign direct investment (FDI) flows is on a significant upward trajectory. In this bibliometric analysis covering 806 articles published between 1994 and 2019, we map key aspects of its contours. Our analysis proceeds in two sequential phases involving a performance analysis, followed by a thematic analysis. Our performance analysis unveils fundamental elements of the structure of the knowledge base. Our subsequent thematic analysis identifies three focal topics arising from identifiable shared qualities characterizing this literature. Firstly, we distinguish scholarship focused on inward FDI into emerging economies formed by two particular classes, namely ‘innovative FDI’ and ‘capital flows’. Our second theme covers outward FDI from these emerging economies and also comprises two specific classes referring to the ‘institutional environment’ and the ‘theoretical framework deployed’. Our final theme relates to an integrated body of knowledge explicating aspects of the location choice decision. Building on this analysis, we isolate a number of opportunities for future research.
KW - Bibliometric analysis
KW - Emerging economies
KW - Foreign direct investment
KW - Multinational enterprises
UR - http://www.scopus.com/inward/record.url?scp=85115074568&partnerID=8YFLogxK
U2 - 10.1007/s11575-021-00448-9
DO - 10.1007/s11575-021-00448-9
M3 - Review article
AN - SCOPUS:85115074568
SN - 0938-8249
VL - 61
SP - 643
EP - 679
JO - Management International Review
JF - Management International Review
IS - 5
ER -