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Persistent link: https://www.econbiz.de/10003932925
Although European Single Market (ESM) has been widely perceived as a model for regional integration, there continues to be considerable debate about the impact of this integration on the EU regions. Studies in this field have mainly investigated the convergence-divergence issue, while the effect...
Persistent link: https://www.econbiz.de/10012970714
In order to access and exploit knowledge, MNCs are induced to make FDI in technological districts. It occurs in a two-step process: first joint venture and then acquisition. This perspective is consistent with the evolutionary theory of multinational corporations, which looks at technology...
Persistent link: https://www.econbiz.de/10014041350
This study suggests a model for the agglomerative behaviour of MNEs with local competitors. Relying on foreign MNEs’ spatial distribution across 686 Italian Local Labor Systems, we find that MNEs’ locational behaviour is influenced by (i) informational externalities, giving rise to...
Persistent link: https://www.econbiz.de/10014046409
The focus of our contribution is to shed light on the importance of firm agglomerations and FDI as drivers of firm survival in Italy. We focus upon different types of agglomeration economies related to the geographical context checking how these economies impact differently on heterogeneous...
Persistent link: https://www.econbiz.de/10011499359
The presence of foreign multinational enterprises (MNEs) can benefit local economies. In particular, if MNEs are very productive compared to domestic firms, they may promote learning and catch-up of local firms. Such a channel of spillovers from MNEs to local firms is known as the...
Persistent link: https://www.econbiz.de/10014103737
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During the nineties, Europe became a major recipient of FDIs but Italian regions have been largely excluded from this process. Was it due to their characteristics, or were Italian regions ‘doomed’ by a negative country effect? In this paper we address this issue by estimating the...
Persistent link: https://www.econbiz.de/10005018086
Persistent link: https://www.econbiz.de/10012125556
This paper studies FDI location determinants in Italy. FDI measures are the frequencies of acquisitions and greenfield investments per province and sector, so count data models are applied. The results show that the location determinants strongly differ according to the type of investment...
Persistent link: https://www.econbiz.de/10014119398