Europe

Multinationals and regional development: Evidence from Europe

Multinationals and regional development: Evidence from Europe

Multinationals and regional development: Evidence from Europe

This a keynote speech I gave in January 2019 at Ritsumeikan University in Kyoto and in 2018 in May at Clustering at the Universidad de Valencia, in April at the Universidad de Seville, and last year in June  at the VIII Workshop on Institutions, Individual Behavior and economic Outcomes in Corte and at the Uddevalla Symposium, in October at the Regional Innovation Policies Conference in Santiago de Compostela and in November at the XV International Scientific Conference in Ostrava.

Here is the presentation

Chinese investments in Europe: corporate strategies and labour relations

Chinese investments in Europe: corporate strategies and labour relations

Chinese investments in Europe: corporate strategies and labour relations

With Vito Amendolagine I have contributed to this book edited by Jan Drahokoupil and published by ETUI with a chapter on Chinese Foreign Direct Investments in the European Union.

Here you can download the full book and here is the link to my chapter.

Regional strategic assets and the location strategies of emerging countries’ multinationals in Europe

Regional strategic assets and the location strategies of emerging countries’ multinationals in Europe

European Planning Studies, 24(4): 645-667

This article is co-authored with Riccardo Crescenzi and Carlo Pietrobelli

This paper explores the location strategies of multinational enterprises (MNEs) from emerging countries (EMNEs) in search for regional strategic assets.The empirical results suggest that EMNEs are attracted by the availability of technological competences only when their subsidiaries pursue more sophisticated and technology-intensive activities.

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The Location Strategies of Multinationals from Emerging Countries in the EU Regions

The Location Strategies of Multinationals from Emerging Countries in the EU Regions

UNU-MERIT Working Papers #2015-009

with Riccardo Crescenzi and Carlo Pietrobelli

This paper looks at the location choices of MNEs in the European Union (EU-25) regions and unveils that EMNEs follow distinctive location strategies. Their attraction into large regional markets is similar to AMNEs as well as their irresponsiveness to efficiency seeking motives. Conversely, the most knowledge-intensive investments respond mainly to  strategic assets and the agglomeration of foreign investments in the same business functions.

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Innovation Drivers, Value Chains and the Geography of Multinational Corporations in Europe

Innovation Drivers, Value Chains and the Geography of Multinational Corporations in Europe

Journal of Economic Geography, forthcoming

The article is co-authored with Riccardo Crescenzi and Carlo Pietrobelli.

It investigates the geography of multinational companies’ investments in the EU regions. The ‘traditional’ sources of location advantages (i.e. agglomeration economies, market access and labour market conditions) are considered together with innovation and socio-institutional drivers of investments, captured by means of regional “social filter” conditions. This makes it possible to empirically assess the different role played by such advantages in the location decision of investments at different stages of the value chain and disentangle the differential role of national vs. regional factors. The empirical analysis covers the EU-25 regions and suggests that regional socio- economic conditions are crucially important for the location decisions of investments in the most sophisticated knowledge-intensive stages of the value chain.

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