Abstract
The paper aims at individuating the impact that multinationals' foreign direct investments (FDIs) have on local markets. Although many econometric researches have been performed in the field, the view of the academics about FDIs spillovers is discordant. In a scenario where the global economy experiences high growth rates in FDIs flows, countries strive to attract foreign investments and multinationals are committed to protect their knowledge, while enterprises require certain capabilities and organizational structures to face the global competition. This paper reviews a collection of research, which discuss the positive and negative consequences of FDIs on local markets, focusing especially on the Italian and Marche's marketplaces