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Résumé : L'article étudie le lien entre les investissements directs étrangers (IDE) et la distance institutionnelle. Dans le cadre des firmes hétérogènes, nous développons un modèle théorique pour expliquer comment la distance institutionnelle influe sur les IDE, et il est montré que cette distance réduit à la fois la probabilité d'une entreprise d'investir dans un pays étranger et le volume des investissements qu'elle entreprendra. Nous testons le modèle à l'aide de données d'IDE entrants et sortants sur les pays de l'OCDE. Les résultats empiriques confirment la théorie et indiquent que l'activité des IDE diminue avec la distance institutionnelle. En outre, nous constatons que les entreprises des économies développées s'adaptent plus facilement à la distance institutionnelle que les entreprises des pays en développement. Mots-clés : Investissements directs étrangers, Institutions, Firmes hétérogènes, Modèle de gravitéClassification JEL : F12, F23, H80, K20Abstract: This paper studies the link between foreign direct investment (FDI) and institutional distance. Using a heterogeneous firms framework, we develop a theoretical model to explain how institutional distance influences FDI, and it is shown that institutional distance reduces both the likelihood that a firm will invest in a foreign country and the volume of investment it will undertake. We test our model using inward and outward FDI data on OECD countries. The empirical results confirm the theory and indicate that FDI activity declines with institutional distance. In addition, we find that firms from developed economies adapt more easily to institutional distance than firms from developing economies.Keywords: Foreign direct investment, Institutions, Heterogeneous firms, Gravity model JEL Classification: F12, F23, H80, K20 Non-technical summary:The paper studies the link between foreign direct investments (FDI) and institutional distance. Using a heterogeneous firms' framework, we develop a theoretical model to explain how institutional distance influences decisions to invest in a foreign country and the volume invested. Multinational enterprises (MNEs) must adapt their strategies to local institutions when entering new foreign markets. And this strategy may differ from one country to another, depending on the host country institutions, and on the differences with the institutional framework that the investing firm is familiar. Our model suggests that MNEs face costs to adjust for the institutional environments of host countries, and that these costs increase with institutional distance. Therefore, institutional distance impacts the productivity threshold at which FDI is profitable and thus the number of multinational firms undertaking FDI. Furthermore, adaptation costs reduce FDI profitability such as the volume invested abroad declines with institutional distance.Then we test our model using inward and outward FDI data on OECD countries. Using alternative indicators of institutional distance, the empirical results confirm the theory. They suggest that bo...

This paper studies the link between Foreign Direct Investment (FDI) and institutional distance. Using a heterogeneous firms framework, we develop a theoretical model to explain how institutional distance influences FDI and it is shown that institutional distance reduces both the likelihood that a firm will invest in a foreign country and the volume of investment it will undertake. We test our model, using inward and outward FDI data on OECD countries. The empirical results confirm the theory and indicate that FDI activity declines with institutional distance. In addition, we find that firms from developed economies adapt more easily to institutional distance than firms from developing economies.

This paper studies the location pattern of Foreign Direct Investment (FDI) in Mexico for the period 1994-2004. An empirical model is specified based on recent FDI theories. This model is estimated using statelevel data and employing spatial econometric techniques. Results suggest that higher education levels and lower delinquency rates are important determinants to attract FDI. Results also suggest a relationship of complementarity between inbound FDI to the host state and inward FDI to its neighboring states.

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PurposeThe study examines the amplifying role of users in the e-healthcare sector and holistically show its current state and potential. The paper aims at contributing to the scientific literature with a comprehensive review of the current state of the art on the application of user innovation (UI) in the e-healthcare sector, as a solid step for discussing the potential, trends, managerial gaps and future research avenues in this field. Despite the crucial importance of the topic and increasing attention toward it in the last few years, there is a lack of comprehensive scrutiny on different angles of involving users in health technology innovations so far.Design/methodology/approachThis study combines two methods of bibliometric analysis and extensive content analysis of 169 journal articles on Scopus and Web of Science to unfold five research questions regarding the mechanisms of involving users, innovations characteristics and the role of users throughout the innovation process.FindingsA clear result of the applied methodology is the profiling of users involved in e-health innovations in seven categories. The results of this study shed light on the current practice of not involving users in all the stages of the innovation process of m-health, telemedicine, self-managing technologies, which is contrary to the best practices of the UI application.Research limitations/implicationsCollection of relevant studies due to lack of comprehensibility of the keywords.Practical implicationsThe offered propositions can act as a roadmap to potential research opportunities as well as to organize such innovations from a managerial perspective in particular healthcare organization managers and the middle managers operating at R&D sectors and policymakers.Originality/valueThis study is the first of its kind that digs out the application of UI strategies such as user-centered design in the context of e-healthcare and provides a bibliometric and extensive content analysis of the studies conducted in this theme over the years.

Foreign direct investment (FDI) flows to Mexico are substantial and play an important role in the Mexican economy since the mid‐1990s. These investments reflect the activities of multinational firms that shape to some extent the economic landscape and sectoral structure in this host country. We illustrate that there is considerable variation in the amounts of FDI and structural change within the country and across time. Based on this, the paper's main purpose is to analyse whether there is a significant impact of FDI on structural change. We conduct an empirical analysis covering the period 2006–16. We use the fixed‐effects estimator where the unit of observation is a Mexican state for which we calculate structural change from the reallocation of labour between sectors. The results suggest that (if any) there is a positive effect from FDI on growth‐enhancing structural change. This effect depends critically on the lag structure of FDI. Moreover, there is some evidence that the positive effect (a) arises from FDI flows in the industry sector and (b) is present for medium and low‐skilled labour reallocation.