The location of inward investment, technical change and skilled labour: Evidence from the United States

► Analyses US inward investment using techniques associated with factor proportions.
► Finds that both skilled (educated) labour and computer usage are important in US inward FDI.
► The same high skill, high tech sectors are also the ones with higher productivity growth.
► Econometric analysis supports OLI theory and in particular knowledge (strategic asset) seeking.
► Strategic asset seeking behaviour overlaps with both market and efficiency seeking influences.