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Regional strategic assets and the location strategies of emerging countries’ multinationals in Europe

Crescenzi, Riccardo and Pietrobelli, Carlo and Rabellotti, Roberta (2016) Regional strategic assets and the location strategies of emerging countries’ multinationals in Europe. European Planning Studies, 24 (4). pp. 645-667. ISSN 0965-4313

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Identification Number: 10.1080/09654313.2015.1129395

Abstract

This paper explores the location strategies of Multinational Enterprises (MNEs) from emerging countries (EMNEs) in search for regional strategic assets. The analysis is based on a systematic comparison between EMNEs and multinationals from advanced countries (AMNEs) in order to unveil similarities and differences between these two major sources of foreign investments into the regions of the European Union. The empirical results suggest that EMNEs follow a distinct logic in their location strategies because they are attracted by the availability of technological competences only when their subsidiaries pursue more sophisticated and technology-intensive activities. Conversely EMNEs share some behavioural similarities with AMNEs in their response to the spatial agglomeration of investments.

Item Type: Article
Official URL: http://www.tandfonline.com/loi/ceps20
Additional Information: © 2015 Taylor & Francis
Subjects: H Social Sciences > HC Economic History and Conditions
J Political Science > JN Political institutions (Europe)
JEL classification: F - International Economics > F2 - International Factor Movements and International Business > F21 - International Investment; Long-Term Capital Movements
F - International Economics > F2 - International Factor Movements and International Business > F23 - Multinational Firms; International Business
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development > O33 - Technological Change: Choices and Consequences; Diffusion Processes
R - Urban, Rural, and Regional Economics > R1 - General Regional Economics > R12 - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade
R - Urban, Rural, and Regional Economics > R5 - Regional Government Analysis > R58 - Regional Development Policy
Sets: Departments > Geography and Environment
Collections > Economists Online
Date Deposited: 07 Dec 2015 11:28
Last Modified: 23 Oct 2017 11:17
Projects: 639633-MASSIVE-ERC-2014-STG, 639633-MASSIVE-ERC-2014-STG
Funders: European Research Council, European Research Council
URI: http://eprints.lse.ac.uk/id/eprint/64603

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