Mariotti, Sergio; Piscitello, Lucia; Elia, Stefano - 2015
) informational externalities, giving rise to locational cascades and imitation of other foreign MNEs, and (ii) potential knowledge …. Specifically, foreign MNEs tend not to agglomerate with local domestic companies as they perceive potential knowledge inflows to be … willing to agglomerate with other foreign MNEs, as they bet on a positive balance between knowledge inflows and outflows …