Business, Management and Accounting
8 years ago

Regional conditions drive multinational investments in Europe's knowledge-intensive sectors.

RePEc: Research Papers in Economics
Innovation drivers, value chains and the geography of multinational corporations in Europe
Riccardo Crescenzi, Carlo Pietrobelli, Roberta Rabellotti

Paper Summary

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The article explores why multinational companies invest in different regions of Europe. It looks at factors like market access, labor conditions, and innovation. The study finds that regional conditions, like social and economic factors, are crucial for attracting investments in high-tech industries. This means that where a company chooses to invest is influenced by more than just national factors.