OVERSEAS DIRECT INVESTMENT – A LITERATURE REVIEW

Sakshi Parihar; Komal Singh

doi:10.29121/shodhkosh.v5.i1.2024.3729

Authors

Sakshi Parihar Ph.D. Scholar, Indira School of Business Studies, Pune,
Dr. Komal Singh Indira School of Business Studies, Pune

DOI:

https://doi.org/10.29121/shodhkosh.v5.i1.2024.3729

Keywords:

Overseas Direct Investment, Outward FDI, Literature Review, India, China

Abstract [English]

A huge body of research has been done on overseas direct investments (ODI) by companies in other countries. However, a holistic literature review has not been carried out. Globalization and the growth of multinationals have fuelled ODI over the years, reaching $1.55 trillion in 2023. The paper evaluates and categorizes 121 research papers published from 1975- 2023. The results highlight the key economic drivers of ODI, firm-level characteristics, modes of entry, and impact on the home country and recipient countries. The role of Government, local institutions, and individual champions in promoting ODI and steering the same in specific sectors is also evaluated. The geographical inclination of previous authors has been unequivocally China, thus espousing the scope for research in other regions. The paper also shares the data sources and different research methodologies that have been used for ease of future scholars. This paper aims to generate interest in the important topic of ODI and encourage research in the years to come.

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