Does Foreign Direct Investment Stimulate New Firm Creation? In Search of Spillovers through Industrial and Geographical Linkages

This paper examines the spillover effects of inward foreign direct investment (FDI) on the entrepreneurial activities of new firm creation through both industrial and geographical linkages. Using a dataset of 44,434 newly created small firms in 234 regions of South Korea in 2000–2004, this study finds that while the spillover impacts of FDI in the low-tech industry are positive and significant across almost all four possible combinations of the intra-/inter-regional and intra-/inter-sectoral channels, the impacts in the high-tech industry are largely intra-sectoral within the host region and across neighboring regions. Moreover, all statistically significant spillover effects follow an inverted ‘U’-shaped curvilinear trend

Supporting Design: National Business Support Programmes in the UK and South Korea.

This paper discusses a comparative study of national business support programmes in design operated by National Design Centres (NDCs) in the UK and South Korea. The research identified the drivers for, and barriers to, implementing national support programmes in design and presents the recommendations for new approaches to the development and implementation of such programmes. The research findings illustrate that while there are some similarities in barriers to implementing such programmes, government support for businesses through NDCs differs in the two countries due to the different content and structure of programme delivery. The research findings also indicate that critical issues influencing national support in design are autonomy and respective organizations’ perspectives and purposes