Location

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    Why foreign investment clicks in some cities and regions, while others are left behind.

Why foreign investment clicks in some cities and regions, while others are left behind.

      By Riccardo Crescenzi (LSE)

The beauty contest between a number of USA cities to host the new Amazon base has unveiled how important the location of major companies is for regional and city development. However, it also showed how difficult it is for cities and regions to gain from what is potentially a race-to-the-bottom where only big Multinationals are […]

Cities, Multinationals, and Trade

    This post analyses the prospects for trade and foreign direct investment (FDI) diversification, with a particular focus on the UK and Canada in the age of Brexit. Daniel Shapiro, Saul Estrin, Christine Cote, Klaus Meyer, and Jing Li examine the nature of trade in services using ideas developed in the international business and economic geography literatures to explore the interrelationships among multinational enterprises, global value […]

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    Innovation Trajectories in Developing Countries:
 How Global Value Chains and Innovation Systems co-evolve

Innovation Trajectories in Developing Countries:
 How Global Value Chains and Innovation Systems co-evolve

By Padmashree Gehl Sampath (UNCTAD), Rasmus Lema (Aalborg University) & Roberta Rabellotti (Università di Pavia & Aalborg University)

The increasing involvement of developing countries in Global Value Chains (GVCs) when supported by well-developed Innovation Systems (ISs) could influence the building of technological and innovation capabilities of their firms and sectors. Introducing the notion of co-evolution of global value chains and […]

November 8th, 2018|Location|0 Comments|
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    Innovation in Global Value Chains: Does Co-location with Production Matter?

Innovation in Global Value Chains: Does Co-location with Production Matter?

 By Koen De Backer (OECD)

There are growing concerns in advanced economies that the offshoring of production activities might be followed by the offshoring of innovative activities. This article presents the findings of a new OECD study that investigates the interdependence between production and innovation in the cross-border investments of multinational enterprises. The econometric results do not provide support for […]

April 9th, 2018|Location|0 Comments|
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    Many multinationals may pull out of the UK if it leaves the Customs Union

Many multinationals may pull out of the UK if it leaves the Customs Union

By Paola Conconi (ULB, LSE)

As March 2019 draws closer, the UK government remains divided over the type of trade relationship it wants to achieve in the ongoing negotiations with the EU. Paola Conconi (ULB, LSE) explains why Japanese multinationals may pull out of the UK in case of a hard Brexit, one which would mean there is no kind of customs […]

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 […]

How to promote inward investment and exports

By Henry Overman (LSE)

With Brexit looming, the What Works Centre for Local Economic Growth has been running a series of workshops with local areas to think about different policy responses and consider what the evidence says on effectiveness, writes Henry Overman. One thing that local areas wanted to know was what the evaluation evidence said on export support and […]

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    Understanding the Brexit vote: the interplay between economic internationalisation and cultural openness

Understanding the Brexit vote: the interplay between economic internationalisation and cultural openness

By Riccardo Crescenzi (LSE, left), Marco Di Cataldo (LSE, centre), and Alessandra Faggian (GSSI, right)

The Leave vote prevailed in regions where local workers do not interact much with foreign cultures – yet some of these places rely on jobs created by foreign firms. If internationalisation in the workplace does not match internationalisation ‘at home’, pressure on local workers to opt out […]

December 13th, 2017|Location|0 Comments|

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. […]

Recent trends in the internationalisation of Business R&D

By Bernhard Dachs (AIT, left) and Georg Zahradnik (AIT, right).

The internationalisation of private investments in Research and Development has been a major development within the globalisation of innovation over the past three decades. While multinational enterprises (MNEs) used to carry most of their R&D activities in their home countries, R&D investments by MNEs abroad now account for around 28% of all […]