Does Foreign Ownership Matter for Survival and
Growth? Dynamics of
Competition and Foreign Direct Investment

According to the authors, foreign direct investment has been considered for a long time as an important channel for transfer of technology to developing countries, and an important tool to generate jobs in those countries. Their analysis on foreign and domestic establishments in Turkish manufacturing industry between 1983-1996 indicates that foreign establishments have a better performance level than domestic ones when they are first established in the local market, and have a higher survival probability.