Impact

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    Technology diffusion and innovation: the regional gains from entry of large plants

Technology diffusion and innovation: the regional gains from entry of large plants

By Vincenzo Scrutinio (LSE, left), Christian Fons-Rosen (UPF, Barcelona GSE, CEPR, middle) and Katalin Szemeredi (Corvinus, LSE, right)

Despite many attempts to evaluate the effect of FDI on local economies, there is still a great degree of uncertainty.  In a recent work, we evaluate the impact of opening of plants by large companies in the US on innovation at county level. By […]

May 2nd, 2018|Impact|0 Comments|
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    Do global value chains offer developing countries learning and innovation opportunities?

Do global value chains offer developing countries learning and innovation opportunities?

By Valentina De Marchi (UNIPD, left), Elisa Giuliani (UNIPI, centre), and Roberta Rabellotti (UNIPV, AAU, right)

The role of developing countries in the global economy via embeddedness in Global Value Chains (GVC) is increasing, but their ability to become innovation leaders is less certain, write Valentina De Marchi, Elisa Giuliani and Roberta Rabellotti. Our analysis on GVCs in developing countries […]

March 5th, 2018|Impact|1 Comment|
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    Multinational enterprises, industrial relatedness and employment in European regions

Multinational enterprises, industrial relatedness and employment in European regions

By Nicola Cortinovis (left) and Frank van Oort (right), Erasmus University Rotterdam

Knowledge and technology can spill over from multinational enterprises (MNEs) to local firms through channels other than buyer-supplier relations, write Nicola Cortinovis and Frank van Oort. The analysis shows that industrial relatedness (e.g. in terms of technologies and skills) between industries conveys spillover effects from MNEs, resulting in […]

February 26th, 2018|Impact|0 Comments|
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    Foreign direct investment, integration in global value chains and local development

Foreign direct investment, integration in global value chains and local development

By Vito Amendolagine (UNIPV, far left), Andrea Presbitero (IMF, centre left), Roberta Rabellotti (UNIPV, AAU, centre right), and Marco Sanfilippo (UNIBA, Antwerp, far right)

The increasing involvement of developing countries in Global Value Chains (GVCs) could enhance the spillover effects of Foreign Direct Investment (FDI), write Vito Amendolagine, Andrea Presbitero, Roberta Rabellotti and Marco Sanfilippo. Our analysis shows a high […]

January 29th, 2018|Impact|0 Comments|

Does inward investment make regions more innovative?

By David Arnold (LSE)

The attraction of foreign firms through foreign direct investment has a positive impact on innovative activities of UK regions, writes David Arnold. This effect is particularly pronounced in regions that engage in high levels of research and development. The current approach to Brexit, however, is stirring fears that the UK will become a less attractive destination […]

January 22nd, 2018|Impact|0 Comments|

The geography of African investment

By Ronald Wall (IHS, Wits)

In recent years, foreign direct investment (FDI) has steadily increased towards the Global South. Africa can take advantage of this trend to promote Africa’s growth potential and drive more inclusive economic growth, writes Ronald Wall. African cities will play a key role in this process by better integrating Africa within global investment systems. This article […]

FDI: the cause and solution of the Great Recession impacts

By Diana Tello (LSE)

FDI can act as a channel of transmission to international shocks and as a relevant component of regional resilience, writes Diana Tello. By looking at the economic conditions of Spain before and after the Great Recession, FDI can boost the resilience of regions. However, the extent to which FDI affects resilience varies across sectors.

The Great Recession […]

November 14th, 2017|Impact|1 Comment|

Brexit means inward investment to the UK will fall

  By David Bailey (Aston, left), Nigel Driffield (Warwick, centre), and Michail Karoglou (Aston, right).

Supply chains cross borders many times before components go into a final product in any EU country, write David Bailey, Nigel Driffield, and Michail Karoglou. When the UK leaves the Single Market, it will be a less attractive destination for firms wanting to coordinate their resources. […]

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    Innovation and the City: The quest for membership of an exclusive club

Innovation and the City: The quest for membership of an exclusive club

By Riccardo Crescenzi (LSE, left), Arnaud Dyèvre (LSE, centre), and Frank Neffke (Harvard, right).

Innovation is the motor of long-term economic growth, fostering wealth and prosperity. However, world cities and regions are extremely unequal in their potential to innovate. While some cities and regions generate most of the world patents and concentrate most of R&D spending, the vast […]

What do we know about FDI?

  By Randolph Bruno (UCL, left), Nauro Campos (Brunel, centre) and Saul Estrin (LSE, right).

Foreign direct investment is a key aspect of globalization. The conventional wisdom is that although economic effects of FDI on the host economy are mostly positive, they are conditional. For example, they depend on host countries having reached critical levels of human capital or institutional quality. […]

September 25th, 2017|Impact|0 Comments|