Regions, Governance and FDI: The Case of Wales

Nicholas Phelps, Kevin Morgan and Crispian Fuller
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Kevin Morgan: University of Wales
Crispian Fuller: University of Wales

Chapter 15 in The Globalization of Multinational Enterprise Activity and Economic Development, 2000, pp 366-389 from Palgrave Macmillan

Abstract: Abstract Recently there has been somewhat of a consensus among economists, political scientists, planners and geographers regarding the enhanced potential of sub-national territories and their institutions to influence the activities of multinational companies. To varying degrees, political scientists have stressed the growing powers and resources assumed by sub-national institutions and organizations as these have been redistributed among multiple levels of governance (for example, Jessop, 1997; Marks et al, 1996; Ohmae, 1993). Geographers have recently re- emphasised the relevance of sub-national territories not merely as containers of economic activity but intrinsic to the very organization and accumulation of economic activity (Cox and Mair, 1991; Amin and Thrift, 1995; Storper, 1995).

Keywords: Foreign Direct Investment; Multinational Company; Institutional Capacity; International Business Study; Regional Innovation System (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59916-1_15

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DOI: 10.1057/9780230599161_15

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