| Issue |
E3S Web Conf.
Volume 275, 2021
2021 International Conference on Economic Innovation and Low-carbon Development (EILCD 2021)
|
|
|---|---|---|
| Article Number | 01023 | |
| Number of page(s) | 4 | |
| Section | Energy Application and Ecological Resource Sustainability | |
| DOI | https://doi.org/10.1051/e3sconf/202127501023 | |
| Published online | 21 June 2021 | |
Investment development path: the applicability of measurement criteria and further development
Business School, Hohai University, Nanjing City, Jiangsu Province, 2111100, China
* Ke Dai: dk15850671196@163.com
With China’s reform and opening up, the relationship between foreign direct investment and economic development gradually attracts attention. Professor Dunning first developed this theory, which describes the division of net outward direct investment into four distinct stages of a country’s economic development, and later increased it to five. The theory has been developed for 40 years, and whether it can survive and still play a guiding role in national development is the focus of people’s concern. Based on the previous studies of scholars, this paper conducts an empirical study on “individual” countries. Thus it is concluded that the theory in its net foreign direct investment and economic development of the important relationship of the original is still valid, but from the cross section, the measures to be improved, and the theory of the fifth stage of the development of a new understanding
© The Authors, published by EDP Sciences, 2021
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