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Nomadic firms, market change and infrastructure

Frank Bruinsma, Cees Gorter and Peter Nijkamp
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Frank Bruinsma: Vrije Universiteit Amsterdam, Faculteit der Economische Wetenschappen en Econometrie (Free University Amsterdam, Faculty of Economics Sciences, Business Administration and Economitrics

No 26, Serie Research Memoranda from VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics

Abstract: Recent location patterns of modern firms appear to exhibit high mobility patterns with a tendency towards footlooseness. The spatial-economic dynamics - sometimes across the border - of firms is encapsulated in the term ‘nomadic firms’. This paper adresses the issue of nomadic behaviour of firms against the background of globalisation trends. After a critical discussion of globalisation phenomena and a review of the literature on nomadic entrepreneurial behaviour, the paper sets out to formulate a series of relevant hypotheses of spatial relocation behaviour of international firms in a globalizing network economy. The analytical framework is tested by means of interviews among actual or potential nomadic firms, in both the Netherlands and abroad. Infrastructure quality and geographical accessibility appear to play an important role, but also opportunity seeking behaviour has a prominent place in nomadic behaviour.

JEL-codes: R30 (search for similar items in EconPapers)
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:vua:wpaper:1998-26

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