In collaboration with Davide Bonaglia, Rasmus Lema and Mercedes Menéndez I have contributed to the report on Reverse Dependency: Making Europe’s Digital Technological Strengths Indispensable to China.
Here you can download the full report.
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
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.
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.
AIB Insights has published an article written in collaboration with Cristina Chaminade on Technology Driven FDI by Emerging Multinationals in Europe.
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.
With Alessia Amighini and Claudio Cozza I wrote an article on emerging multinationals investing in Europe. Tito Boeri wrote about this article in Internazionale.
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.
On the Blog EyesReg with Marco Sanfilippo, I wrote about multinationals from emerging countries investing in Europe.