Inward Investment, Local Linkages and Regional Development

Stephen Hill and Annette Roberts

Chapter 2 in Inward Investment, Business Finance and Regional Development, 1998, pp 30-47 from Palgrave Macmillan

Abstract: Abstract The purpose of this chapter is to examine the role of inward investment in the development of UK regions. Inward investment is increasingly seen by developmental bodies as the path to prosperity, partly because of its intrinsic importance, but also because of the dearth of alternatives. Inward investment is usually defined as the ownership and control of productive assets in the UK by foreign persons. Definitional problems are discussed in Hill and Munday (1995), but essentially control is treated as equivalent to a holding of 20 per cent or more.

Keywords: Regional Development; Multinational Enterprise; Local Linkage; Forward Linkage; Foreign Direct Investment Flow (search for similar items in EconPapers)
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-14181-4_3

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DOI: 10.1007/978-1-349-14181-4_3

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