Studies have shown how inward foreign direct investment (FDI) increases the productivity or innovation of local firms in emerging markets, but little research has explored how local firms have to strategically cope with this competition. Studies have shown how inward foreign direct investment (FDI) increases the productivity or innovation of local firms in emerging markets, but little research has explored how local firms have to strategically cope with this competition. Economics & Business Phys.org – latest science and technology news stories