"As production comes to depend more on intangible productive assets, the location of production by multinational firms becomes increasingly ambiguous. The reason is that, within the firm, these assets have no clear geographical location, but only a nominal location determined by the firm's tax...

International business research has long acknowledged the importance of regional factors for foreign direct investment (FDIʺ) by multinational corporations (MNCsʺ). However, significant differences when defining these regions obscure the analysis about how and why regions matter. In response,...