Against the background of the hotly debated issue of Germany's attractiveness as a business location, the article assess whether, and to what extent, the increased propensity of German companies to invest abroad indicates an exodus of German industry and has negative effects on domestic jobs....

The authors use international business strategy and regional development literature to inform a set of propositions about the links between direct employment by foreign-owned subsidiaries in the manufacturing sector and the development of embeddedness and autonomy in these subsidiaries. A...