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Achieving local content in extractive industries of African countries
Linnaeus University, School of Business and Economics, Department of Marketing.ORCID iD: 0000-0001-5182-5203
University of Stavanger, Norway.
2016 (English)In: Economic and Social Development: Book of Proceedings / [ed] Marin Milkovic, Goran Kozina & Dinko Primorac, Varazdin, Croatia: Varazdin Development and Entrepreneurship Agency, , 2016, 74-82 p.Conference paper, Published paper (Refereed)
Abstract [en]

Local content defines the extent of participation of local industry in extractive industries like mining, oil and gas. These industries are major destinations of foreign direct investments. They are very important revenue streams for governments of developing and emerging economies. In many countries, however, local industry is not participating enough. Recently researchers are bringing new perspectives into research and policy on the subject. We discuss the issue based on a review of relevant literature including a study in Nigeria in the wake of the passage of the new local content laws. Our study finds that the achievement of local content depends on the collaboration of a range of actors. Local political and legal institutions, local businesses, MNCs, universities and research organizations, international development partners and donors have to contribute their political and economic resources to achieve local content. 

Place, publisher, year, edition, pages
Varazdin, Croatia: Varazdin Development and Entrepreneurship Agency, , 2016. 74-82 p.
Series
International Scientific Conference on Economic and Social Development, ISSN 1849-7535 ; 12
Keyword [en]
Africa emerging markets, local content, local participation in extractive industries; local participation in oil and gas industries
National Category
Business Administration
Research subject
Economy, Marketing
Identifiers
URN: urn:nbn:se:lnu:diva-52695ISI: 000389416500007OAI: oai:DiVA.org:lnu-52695DiVA: diva2:931400
Conference
12th International Scientific Conference on Economic and Social Development, Bangkok, Thailand, February 18-20, 2016
Available from: 2016-05-27 Created: 2016-05-27 Last updated: 2017-01-03Bibliographically approved

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CiteExportLink to record
Permanent link

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Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf