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Embedding multinational firms in regional business systems: neoliberal and social†democratic models in Spain

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  • María C. Gonzalez Menendez
  • David Luque Balbona
  • Gabriel Pruneda
  • Phil Almond

Abstract

The paper analyses how regional actors have mobilised to attract and retain foreign direct investment in two Spanish regions with different political approaches to the management of economic issues, including industrial relations. These regions are Madrid, the main pole of attraction of foreign direct investment in Spain, and Asturias, with a large tradition of heavy industry and a greater dependence on a small number of large employers. It finds the regions have adapted to international competition in substantially different manners and considers the alternative reasons why this might be the case, highlighting the role of organised labour both in the inward investment regimes themselves, and in shaping the nature of the different compromises they involve.

Suggested Citation

  • María C. Gonzalez Menendez & David Luque Balbona & Gabriel Pruneda & Phil Almond, 2018. "Embedding multinational firms in regional business systems: neoliberal and social†democratic models in Spain," Industrial Relations Journal, Wiley Blackwell, vol. 49(1), pages 50-68, January.
    • Handle: RePEc:bla:indrel:v:49:y:2018:i:1:p:50-68
    DOI: 10.1111/irj.12202
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    Cited by:

    1. Vildan Tasli‐Karabulut & Arjan Keizer, 2020. "Multinational corporations as institutional entrepreneurs: the dynamic interplay between automobile firms and the Turkish vocational education and training system," Industrial Relations Journal, Wiley Blackwell, vol. 51(3), pages 153-168, May.

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