Industrial clusters, entrepreneurial culture and the social environment: The effects on FDI distribution

International Business Review

Volumn 18, Issue 1, 2009, Pages 76-88

  Majocchi, Antonio ^a   Presutti, Manuela ^b  

^a UNIVERSITY OF PAVIA   (Italy)

^b UNIVERSITY OF BOLOGNA   (Italy)

Author keywords

Agglomeration economies; Entrepreneurship; FDI; Industrial districts

Indexed keywords

EID: 61549086235     PISSN: 09695931     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ibusrev.2008.12.001     Document Type: Article

References (78)

1. Aiken L.S., and West S.G. Multiple regression: Testing and interpreting interactions (1991), Sage Publications, Newbury Park
2. Aitken B., and Harrison A. Do domestic firms benefit from foreign investment? Evidence from Venezuela. American Economic Review 89 3 (1999) 605-618
3. Almeida P. Knowledge sourcing by foreign semiconductor industry. Strategic Management Journal 17 Winter Special Issue (1996) 155-165
4. Almeida P., and Kogut B. The exploration of technological diversity and the geographic localization of innovation. Small Business Economics 9 1 (1997) 21-31
5. Basile R. Acquisition versus greenfield investment: The location of foreign manufacturers in Italy. Regional Science and Urban Economics 34 (2003) 3-25
6. Bevan A., Estrin S., and Meyer K. Foreign investment location and institutional development in transition economies. International Business Review 13 1 (2004) 43-64
7. Birkinshaw J. Entrepreneurship in multinational corporations: The characteristics of subsidiary initiatives. Strategic Management Journal 18 3 (1997) 207-229
8. Birkinshaw J., and Hood N. Characteristics of foreign subsidiaries in industries clusters. Journal of International Business Studies 31 1 (2000) 141-154
9. Birkinshaw J., Hood N., and Young S. Subsidiary entrepreneurship, internal and external competitive forces and subsidiary performance. International Business Review 14 2 (2005) 227-248
10. Boojihawon D., Dimitratos P., and Young S. Influences and characteristics of multinational subsidiary entrepreneurial culture: The case of the advertising sector. International Business Review 16 (2007) 549-572
11. Brouthers L.E., Werner S., and Wilkinson T.J. The aggregate impact of firms' FDI strategies on the trade balances of host countries. Journal of Business 1 3 (1996)
12. Brenton P., Di Mauro F., and Lücke M. Economic integration and FDI: An empirical analysis of foreign investment in the EU and in Central and Eastern Europe. Empirica 26 (1999) 95-121
13. Brouthers K.D. Institutional, cultural and transaction cost influences on entry mode choice and performance. Journal of International Business Studies 33 (2002) 203-221
14. Campos, N. & Kinoshita, Y. (2003). Why does FDI go where it goes? New evidence from the transitional economies. IMF Working Paper, WP/03/228.
15. Cantwell J.A. Technological innovation and multinational corporations (1989), Basil Blackwell, Oxford
16. Cantwell J.A., and Piscitello L. The location of technological activities of MNCs in European regions: The role of spillovers and local competencies. Journal of International Management 8 (2002) 69-96
17. Cantwell J.A., and Iammarino S. Multinational corporations and the location of technological innovation in the UK region. Regional Studies 34 4 (2000) 317-333
18. Casson M. Enterprise and competitiveness (1990), Oxford University Press, New York
19. Chang S.-J., and Park S. Types of firms generating network externalities and MNCs co-location decisions. Strategic Management Journal 26 (2005) 595-615
20. Cheng L.K., and Kwan Y.K. What are the determinants of the location of foreign direct investment? The Chinese experience. Journal of International Economics 51 (2000) 379-400
21. Chung W., and Alcácer J. Knowledge seeking and location choice of foreign direct investment in the United States. Management Science 48 12 (2000) 1534-1554
22. Cohen J., Cohen P., West S., and Aiken L. Applied multiple regression/correlation analysis for the behavioral sciences. 3rd edition (2003), Lawrence Erlbaum Associates, Mahwah, NJ
23. Coughlin C., and Segev E. Foreign direct investment in China: A spatial econometric study. The World Economy 23 1 (2000) 1-23
24. Delios A., and Henisz W. Political hazard, experience, and sequential entry strategies: The international expansion of Japanese firms, 1980-1998. Strategic Management Journal (2003) 1153-1164
25. De Propris L. Mapping local production systems in the UK: Methodology and application. Regional Studies (2004) 197-212
26. Devereux M.P., Griffith R., and Simpson H. The geographic distribution of production activity in the UK. Regional Science and Urban Economics, Elsevier 34 5 (2004) 533-564
27. Driffield N., and Munday M.C. Industrial performance, agglomeration and foreign manufacturing investment in the UK. Journal of International Business Studies 31 1 (2000) 21-37
28. Dunning J.H. Multinational enterprises and the global economy (1993), Addison Wesley, Reading
29. Dunning J.H. The geographical sources of the competitiveness of firms: Some results of a new survey. Transnational Corporations 5 3 (1996) 1-29
30. Dunning J.H. Location and the multinational enterprise: A neglected factor?. Journal of International Business Studies 29 (1997) 45-66
31. Ellison G., and Glaeser E. Geographical concentration in US manufacturing industries: A dartboard approach. Journal of Political Economy 105 (1997) 889-927
32. Enright M. Regional clusters and firm strategy. In: Chandler Jr. A.D., Sölvell O., and Hagström P. (Eds). The dynamic firm: The role of technology, strategy, organization, and regions (1998), Oxford University Press, Oxford
33. Enright M. Regional management centers in the Asia-Pacific. Management International Review 45 Special issue 1 (2005) 57-80
34. Ernst & Young (2007). European attractiveness survey 2007. Ernst & Young. Retrieved 17.03.2008.
35. Fernhaber S., Gilbert B.A., and McDougall P.P. International entrepreneurship and geographic location: An empirical examination of new venture internationalization. Journal of International Business Studies 39 2 (2008) 267-290
36. Flores R., and Aguilera R.V. Globalization and location choice: An analysis of U.S. multinational firms in 1980 and 2000. Journal of International Business Studies 38 7 (2007) 1187-1210
37. Frost T.S. The geographic sources of foreign subsidiaries' innovations. Strategic Management Journal 22 2 (2001) 101-123
38. Frost T.S., Birkinshaw J., and Ensign P.C. Centers of excellence in multinational corporations. Strategic Management Journal 23 11 (2002) 997-1018
39. Fujita M., Krugman P., and Venables A. The spatial economy: Cities, regions and international trade (1999), MIT Press
40. Ghoshal S., and Nohria N. Internal differentiation within multinational corporations. Strategic Management Journal 10 (1989) 323-337
41. Gordon I.R., and McCann P. Industrial clusters, complexes, agglomeration and/or social networks?. Urban Studies 37 (2000) 513-532
42. Gorg H., and Strobl E. Multinational companies and productivity spillovers: A meta-analysis. Economic Journal 111 (2001) 723-739
43. Grosse R., and Trevino L.J. New institutional economics and FDI location in Central and Eastern Europe. Management International Review 45 2 (2005) 123-145
44. Haddad M., and Harrison A. Are there positive spillovers from direct foreign-investment. Evidence from panel-data for Morocco. Journal of Development Economics 42 1 (1993) 51-74
45. Head C.K., Ries J.C., and Swenson D.L. Agglomeration benefits and location choice: Evidence Japanese manufacturing investments in the United States. Journal of International. Economics 38 (1995) 223-247
46. Hendry C., and Brown J.E. Organizational networking in UK biotechnology clusters. British Journal of Management 17 1 (2006) 55-73
47. In: Hood N., and Young S. (Eds). The globalization of multinational enterprise activity and economic development (1999), Macmillan, London
48. Krugman P. Increasing returns and economic geography. Journal of Political Economy, University of Chicago Press 99 3 (1991) 483-499
49. Landesmann, M. A. (2003). Structural features of economic integration in an Enlarged Europe: Patterns of catching-up and industrial specialisation, European Economy, n. 181, January.
50. Majocchi A., and Strange R. Economic liberalisation and the FDI location decision: Evidence from Italian firms in Eastern Europe. Journal of East-West Business 13 2/3 (2007) 93-114
51. Malmberg A., and Maskell P. Localized learning and regional economic development. European Urban and Regional Studies 6 1 (1999) 5-8
52. Mariotti S., and Piscitello L. Information costs and location of FDIs within the host country: Empirical evidence from Italy. Journal of International Business Studies 26 4 (1995) 815-841
53. Maskell P., and Malmberg A. Localised learning and industrial competitiveness. Cambridge Journal of Economics 23 2 (1999) 167-185
54. McCann B.T., and Folta T.B. Location matters: Where we have been and where might go in agglomeration research. Journal of Management 34 3 (2008) 532-565
55. McCann P.T., Arita I., and Gordon R. Industrial clusters, transactions costs and the institutional determinants of MNE location behaviour. International Business Review 11 (2002) 647-663
56. McEvily B., and Marcus A. Embedded ties and the acquisition of competitive capabilities. Strategic Management Journal 26 (2005) 1033-1055
57. Mayer T., and Mucchielli J.L. Strategic location behaviour: The case of Japanese investments in Europe. Journal of Transnational Management Development 3 3/4 (1998)
58. Meyer K. Institutions, transaction costs, and entry mode choice in Eastern Europe. Journal of International Business Studies 32 2 (2001) 357-367
59. Mudambi R., and Navarra R. Institutions and international business: A theoretical overview. International Business Review 11 6 (2002) 635-464
60. Nachum L. Economic geography and the Location of TNCs: Financial and professional service FDI to the USA. Journal of International Business Studies 31 3 (2000)
61. Narula R., and Zanfei A. Globalization of innovation: Enterprises. In: Fagerberg J., Mowery D., and Nelson R.R. (Eds). The Oxford handbook of innovation (2006), Oxford University Press, Oxford
62. Narula R., and Dunning J.H. Industrial development, globalisation and multinational enterprises: New realities for developing countries. Oxford Development Studies 28 2 (2000) 141-167
63. North D.C. Institution, institutional change and economic development (1990), Cambridge University Press, Cambridge
64. Pak Y.S., and Park Y.R. Characteristics of Japanese FDI in the East and the West: Understanding the strategic motives of Japanese investment. Journal of World Business 40 3 (2005) 254-266
65. Peneder, M. (1999). Intangible investments and human resources. The new WIFO taxonomy of Manufacturing Industries, WIFO Working papers no. 114. WIFO: Wien.
66. Porter M.E. Cluster and competition. On competition (1998), Harvard Business School Press, Boston
67. Porter M.E. The competitive advantage of nations (1990), MacMillan, London, Basingstoke
68. Rugman A.M., Verbeke A., and D'Cruz J. Internalization and de-internalization: Will business networks replace multinationals?. In: Boyd G. (Ed). Competitive and cooperative management: The challenge of structural interdependence (1995), Aldershot 107-128
69. Rugman A.M. The end of globalization (2000), Random House, London
70. Rugman A.M., and Verbeke A. Subsidiary-specific advantages in multinational enterprises. Strategic Management Journal 22 3 (2001) 237-250
71. Shane S., and Venkataraman S. The promise of entrepreneurship as a field of research. The Academy of Management Review 25 1 (2000) 217-226
72. Shaver J., and Flyer F. Agglomeration economics, firm heterogeneity, and foreign direct investment in the United States. Strategic Management Journal 21 12 (2000) 1175-1193
73. Spanos Y.E., Zaralis G., and Lioukas S. Strategy and industry effects on profitability: Evidence from Greece. Strategic Management Journal 25 (2004) 139-165
74. Storper M. The regional world: Territorial development in the global economy (1997), Guilford Press, New York
75. Sun Q., Tong W., and Yu Q. Determinants of foreign direct investment across China. Journal of International Money and Finance 21 (2002) 79-113
76. Tegarden L.F., Hatfield D.E., and Echols A.E. Doomed from the start: What is the value of selecting a future dominant design?. Strategic Management Journal 20 6 (1999) 495-518
77. Van Den Bulcke D., and Verbeke A. Globalization and the small open economy (2001), Elgar, Aldershot
78. White H. A heteroskedasticity-consistent covariance matrix estimator and a direct test for heteroskedasticity. Econometrica 48 (1980) 817-883