Artikel

Regional mix and the roles of foreign subsidiaries: A new conceptualization and empirical evidence on the UK case

This paper develops a new conceptualization of the relationship between regional determinants and roles of foreign subsidiaries and empirically investigates this relationship in the UK at a disaggregated regional level. It focuses particularly on a relatively under- investigated field, that of the linkage between choice of regional location -within a particular host country- and subsidiary roles. The key contribution steaming from this analysis is the development of the Asset Specificity Framework (ASF) combining regional characteristics with distinctive types of subsidiaries. This framework is further examined providing detailed support for our allegations. The external environment impacts differently on subsidiary types, with agglomeration features playing the most significant role. At the same time though, idiosyncratic Foreign Direct Investment (FDI) aspects do seem to exert the most important influence for these types of subsidiaries. Interesting policy implications may then be raised regarding the design of well-targeted FDI promoting policies, aiming at upgrading regional potential on one hand and pursue the attraction of specific sectors and companies on the other.

Language
Englisch

Bibliographic citation
Journal: SPOUDAI - Journal of Economics and Business ; ISSN: 2241-424X ; Volume: 63 ; Year: 2013 ; Issue: 1/2 ; Pages: 47-74 ; Piraeus: University of Piraeus

Classification
Wirtschaft
Multinational Firms; International Business
Firm Objectives, Organization, and Behavior: General
General Regional Economics (includes Regional Data)
Subject
UK Regions
subsidiaries' roles
regional mix
location choice
agglomeration

Event
Geistige Schöpfung
(who)
Kottaridi, Constantina
Filippaios, Fragkiskos
Papanastassiou, Marina
Pearce, Robert
Event
Veröffentlichung
(who)
University of Piraeus
(where)
Piraeus
(when)
2013

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Kottaridi, Constantina
  • Filippaios, Fragkiskos
  • Papanastassiou, Marina
  • Pearce, Robert
  • University of Piraeus

Time of origin

  • 2013

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