Trans-border business activities
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Chapter 23 in Evolutionary Spatial Economics, 2020, pp 497-542 from Edward Elgar Publishing
Abstract:
Transnational corporations conduct market-seeking, resource-seeking, strategic asset-seeking and rationalisation-seeking foreign investment activities. Determinants for the location of operations are explained in detail. Linkages with the local economy depend on the local supply potentials as well as the local absorption of new technologies, various standards and innovation potentials. Local policies need to be flexible and adaptive to the changing situation, to protect local interests, but be careful not to alienate current and future foreign investors if they contribute to the host country’s economy.
Keywords: Economics and Finance; Geography (search for similar items in EconPapers)
Date: 2020
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