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The foreign partner provided capital, knowledge, access to international markets and jobs.
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Pearce saw this stock of capital in broad terms - including physical capital (machinery and infrastructure), intellectual capital (knowledge and technology) and environmental capital (natural resources).
In particular, the outcomes of its missions are associated with the determinants of production functions (e.g. human capital, knowledge capital, social capital, and entrepreneurship capital).
The expansion of production networks changed the rules of the economic development game, facilitating developing countries' access to networks, global markets, capital, knowledge, and technology (OECD 2013).
Specifically, the neoclassical endogenous growth model posits that, growth in human capital (knowledge) impacts positively on output per worker in the long run [1].
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On the other hand, through the acquisition of human capital and knowledge transfer, FDI is expected to augment the level of knowledge in the recipient economy through labor training and skill acquisition (de Mello 1999).
Until around 1990, many big countries had cut themselves off from global capitalism and the opportunities it provides for the transmission of capital and knowledge.
"Open and transparent, this network will allow people, goods, capital and knowledge to flow freely," the prime minister said.
The abundance of maps today obscures the fact that in 1861, even just a few miles from the capital, written knowledge of the terrain was often severely limited.
In time, this infusion of capital and knowledge may even turn one or two of China's steel makers into world heavyweights.
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financing knowledge
equity knowledge
wealth knowledge
finance knowledge
funding knowledge
city knowledge
investment knowledge
infrastructure knowledge
money knowledge
capitalist knowledge
metropolitan knowledge
basic knowledge
vital knowledge
cardinal knowledge
capital spending
capital strike
capital punishment
capital flight
capital investment
region knowledge
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