Most countries adopt policies in order to attract foreign multinationals, stimulate industrial clustering and to foster innovation. This book links these topical issues. It examines the activities of multinational enterprises, their contribution to cluster development, how they stimulate...

This collection of essays shows the high degree of complementarity between foreign direct investment and home export, challenging the long held fear that firms investing abroad leads to a loss of employment and decline in the home country

Multinational companies are crucial actors in a global knowledge-based economy, combining the advantages of global and locally coordinated production and innovation strategies with specific regional and national factors. This book questions how MNCs can best exploit institutionally embedded...