Perkembangan Industri Nasional dan Peran PMA
DOI:
https://doi.org/10.14203/JEP.18.1.2010.21-36Keywords:
Foreign direct investment, SME, domestic investment, industryAbstract
This paper discusses about the advantages and disadvantages which happen in the national industries as a result of the domination of foreign investment. Indonesia has been losing the momentum of the development of its nation industries. From the 1970s until the 1980s , Indonesia had the opppoortunity to take control of industries in the Asian region, especially as China, Malaysia, and Thailand had still not developed their power to build and develop their industries. Without a good infrastructure and a good logistic, qualified human resources, ability to control technology which support dynamic innovational activity and intensive coorporation between universities and business world, Indonesia will be left behind by any industry from any other country. This paper result, foreign investment is important for the development of industries. Indonesia must try to absorb the advantages deriving from foreign investment. Therefore, domestic companies in Indonesia will not only become the medium but also would be able to absorb the new technology associated with foreign investment.
Downloads
References
Aitken, B. J., & Harrison, A. E. (1999). Do domestic firms benefit from direct foreign investment? Evidence from Venezuela. American Economic Review, 89(3), 605–618.
Bevan, A., & Estrin, S. (2000). Determinants of FDI in transition economies (Working Paper No. 342). London Business School, Center for New Emerging Market.
Campos, N. G., & Kinoshita, Y. (2003). Why does FDI go where it goes? (IMF Working Paper Series). Washington, D.C.: International Monetary Fund.
Cantwell, J., & Mudambi, R. (2005). MNE competence creating subsidiaries mandates. Strategic Management Journal, 12, 115–130.
Chakrabarti, A. (2001). The determinants of foreign direct investment: Sensitivity analysis of cross-country regressions. Kyklos, 54(1), 89–114.
Dreher, A., & Love, J. H. (2007). Linking FDI motivation and host country productivity effects: Conceptual and empirical analysis. Journal of International Business Studies, 38(3), 491–514.
Dunning, J. H. (1977). Trade, location of economic activity and the multinational enterprise: A search for an eclectic approach. London: Macmillan.
Dunning, J. H. (1993). Multinational enterprises and the global economy. Harlow: Addison-Wesley.
Eckel, C. (2003). Fragmentation, efficiency seeking FDI and employment. Review of International Economics, 11(2), 303–318.
ESCAP. (2009). Globalization of production and the competitiveness of small and medium-sized enterprises in Asia and the Pacific: Trends and prospects (Studies in Trade and Investment No. 65). Bangkok: UN-ESCAP.
Franco, C., Rentocchini, F., & Vittucci Marzetti, G. (2008). Why do firms invest abroad? An analysis of the motives underlying foreign direct investments (Discussion Paper No. 17). Università Degli Studi Di Trento.
Grossman, G. M., Helpman, E., & Szeidl, A. (2006). Optimal integration strategies for the multinational firm. Journal of International Economics, 70(1), 216–238.
Hart, O. (1995). Firms, contracts and financial structure. Oxford: Clarendon Press.
Hart, O., & Moore, J. (1990). Property rights and the nature of the firm. Journal of Political Economy, 98(6), 1119–1158.
Haskel, J. E., Pereira, S. C., & Slaughter, M. J. (2007). Does inward foreign direct investment boost the productivity of domestic firms? The Review of Economics and Statistics, 89(3), 482–496.
Javorcik, B. (2004). Does foreign direct investment increase the productivity of domestic firms? In search of spillovers through backward linkages. American Economic Review, 94(3), 605–627.
Johnson, A. (2005). Effects of FDI inflows on host country economic growth (Unpublished thesis). Jönköping International Business School.
Kamapathy, V. (2004). Entrepreneurship in Malaysia’s electronics industry: The role of SMEs. In D. Lim & L. W. N. Lee (Eds.), Entrepreneurship and SMEs in Southeast Asia. Singapore: ISEAS.
Kokko, A. (2002). Globalization and foreign direct investment incentives. Paper presented at the Annual Bank Conference on Development Economics, Europe.
Lipsey, R. E. (2002). Home and host effects of FDI (NBER Working Paper No. 9293). Cambridge, MA: National Bureau of Economic Research.
Lucas, R. E. B. (1993). On the determinants of direct foreign investment: Evidence from East and Southeast Asia. World Development, 21(3), 391–406.
Markusen, J. R., & Venables, A. J. (1998). Multinational firms and the new trade theory. Journal of International Economics, 46(2), 183–203.
Markusen, J. R., & Venables, A. J. (2000). The theory of endowment, intra-industry and multinational trade. Journal of International Economics, 52(2), 209–234.
Mansfield, E., & Romeo, A. (1980). Technology transfer to overseas subsidiaries by US based firms. Quarterly Journal of Economics, 95(4), 737–750.
Nunnenkamp, P. (2002). Determinants of FDI in developing countries: Has globalization changed the rules of the game? (Kiel Working Paper No. 1122). Kiel Institute for World Economics.
Nunnenkamp, P., & Spatz, J. (2002). Determinants of FDI in developing countries: Has globalization changed the rules of the game? Transnational Corporations, 11(2), 1–34.
Prabowo, H. E. (2008). Perdagangan global: Indonesia menjadi bulan-bulanan. Bisnis & Keuangan, Kompas, 1 September, hlm. 21.
Rodrik, D. (1999). The new global economy and developing countries: Making openness work. Washington, D.C.: Overseas Development Council.
Singh, H., & Jun, K. W. (1995). Some new evidence on determinants of foreign direct investment in developing countries. Policy Research Working Paper No. 1531, World Bank.
UNCTAD. (1998). World investment report 1997: Trends and determinants. New York & Geneva: United Nations.
Tambunan, T. (2001). Perekonomian Indonesia: Teori dan empiris. Jakarta: Ghalia Indonesia.
Tambunan, T., & Hamanangan, T. T. H. (2009a). Productivity in SMEs in Indonesia: Facts and constraints (Policy Discussion Paper Series No. 14/10/09). Center for Industry, SME and Business Competition Studies, Trisakti University.
Tambunan, T., & Hamanangan, T. T. H. (2009b). Faktor-faktor penentu kinerja UMKM dan industri kecil menengah (IKM) di Indonesia. Jakarta: Trisakti University.
Taylor, C. T. (2000). The impact of host country government policy on US multinational investment decisions. World Economy, 23(5), 635–647.
Thee, K. W. (1999). Indonesia: Technology transfer in the manufacturing industry. In G. S. Liu & J. H. D. Meyer (Eds.), Technology transfer and economic development in China and Southeast Asia. Cheltenham: Edward Elgar Publishing.
Thee, K. W. (2000). Prospects for cooperation in technology. In G. Liu, K. S. Jomo, & J. H. D. Meyer (Eds.), Industrial technology development in Malaysia and Indonesia. London: Routledge.
Thee, K. W. (1994). Indonesia: Policies and foreign direct investment. In M. Khan (Ed.), Foreign direct investment in developing countries. London: Macmillan.
Tsai, P. L. (1994). Determinants of foreign direct investment and its impact on economic growth. Journal of Economic Development, 19(1), 137–163.
Tybout, J. R. (2000). Manufacturing firms in developing countries: How well do they do and why? Journal of Economic Literature, 38(1), 11–44.
Wei, Y., & Liu, X. (2006). Productivity spillovers from R&D, exports and FDI in China's manufacturing sector. Journal of International Business Studies, 37(4), 544–557.
Williamson, O. E. (1979). Transaction-cost economics: The governance of contractual relations. Journal of Law and Economics, 22(2), 233–261.
Williamson, O. E. (1996). The mechanisms of governance. New York: Oxford University Press.
Yeaple, S. R. (2003). The complex integration strategies of multinationals and cross-country dependencies in the structure of foreign direct investment. Journal of International Economics, 60(2), 293–314.
Zhang, K. H. (2001). Does foreign direct investment promote economic growth? Evidence from East Asia and Latin America. Contemporary Economic Policy, 19(2), 175–185.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2016 Jurnal Ekonomi Pembangunan
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
