Promoting the global economy: The uneven development of the location consulting industry

Nicholas Phelps and Andrew Wood

Environment and Planning A, 2018, vol. 50, issue 6, 1336-1354

Abstract: In this paper, we examine the location consulting industry as a set of intermediaries that promote globalization when brokering between a demand for suitable sites for direct investment projects emanating from multinational enterprises and the supply of locations produced by host country governments. We outline three themes composing a research agenda: the nature of the knowledge mobilized by these intermediaries and its implications for the organization of the industry; the role of intermediaries as a neglected aspect of coupling within global production networks, and; the globally uneven contribution of intermediaries in different national political economies. We illustrate these themes empirically drawing on original interview research with location consultants and related companies based in Europe. In conclusion, we note how these intermediaries associated with ‘old’ economic geographical knowledge nevertheless continue to evolve practice in ways that shape the global distribution of investment.

Keywords: Location consultants; investment promotion; knowledge of place; uneven development; intermediaries (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:50:y:2018:i:6:p:1336-1354

DOI: 10.1177/0308518X17730832

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