International Business

Much of the international business research at Aston is concerned to link the theory of international business to empirical studies of FDI. In this context, the group has also carried out policy based work for UKTI, the World Bank, UNIDO and OECD. In addition, we have in the last five years secured two ESRC awards. The first of these concerned the impact of Inward FDI on the UK economy, generated some thirteen papers in international journals, including one in the Journal of International Business Studies. The second concerns the links between institutions and FDI decisions, and the links between FDI and transition economies. This has also generated a paper in Journal of International Business Studies.

Other work in the group includes FDI and corruption in the context of Russia, studies concerning the relationship between exporting and productivity and development of industrial capabilities and competitiveness in emerging economies. This also links to work for UKTI on the exporting decisions of small firms. There is also a strong link between this work, and that done in terms of the economics group on productivity. Members of the IB group are well known for work on productivity and FDI. This includes analysis at a regional level of the impact of FDI on productivity, and analysis of international technology transfer and the importance of FDI.


Examples of recent papers:

  • Bhaumik, S., Driffield, N. and Pal, S. Does (2010) Ownership Concentration Affect MNE Operations? The Case of Indian Automobiles and Pharmaceuticals.  Journal of International Business Studies

  • Driffield, N Love, J.H. and Menghinello, S. (2010) The Multinational Enterprise as a Source of International Knowledge Flows: Direct Evidence from Italy. Journal Of International Business Studies.

  • Temouri, Y and Driffield, N. (2010) Does German foreign direct investment lead to job losses at home? Applied Economics Quarterly, forthcoming

  • Driffield, N. Love, JH and Taylor, K. (2009)Productivity and Labour Demand Effects of Inward and Outward FDI on UK Industry. Manchester School, forthcoming. (Best paper, Economics/ Finance track AIB 2008)

  • Love J H and Mansury M A (2009) ‘Exporting and Productivity in Business Services: Evidence from the United States’, International Business Review, 18, 630-642.

  • Thomas, E and Vaidya K (2009) “National system of innovation and technological learning: An integrated framework for understanding technological capability development in the Russian forestry sector” International Journal of Technological Learning, Innovation and Development, Vol 2, No 4.

  • Driffield, N, Du, J and Girma, S. (2008) Optimal geographic diversification and firm performance: Evidence from the UK. Journal of Productivity Analysis, vol. 30(2), pages 145-154,

  • Driffield, N. and Du, J. (2007) Privatisation, State Ownership and Productivity: Evidence from China. International Journal Of The Economics Of Business, vol 14 (2) pp 215-239.

  • Kimino, S., Saal, D. and Driffield, N (2007) Macro determinants of FDI inflows to Japan by source country characteristics. World Economy 30 (3), 446–469.

  • Bailey, D and Driffield, N. (2007) Industrial policy, fdi and employment: still a ‘missing a strategy’? Journal of Competition, Industry and Trade, vol 7 (3) pp 189-211.

  • Driffield, N. and Love, J. (2007) Linking FDI motivation and host economy productivity effects: conceptual and empirical analysis, Journal of International Business Studies, vol 38 (2) 460-473.

  • Vaidya K G, Bennett D J and Xiaming Liu (2007) “Is China’s manufacturing sector becoming more high-tech? Evidence on shifts in comparative advantage, 1987-2005” Journal of Manufacturing Technology Management, Vol 18, No 8.