IDEAS home Printed from https://ideas.repec.org/a/taf/regstd/v49y2015i7p1208-1222.html
   My bibliography  Save this article

Determinants of the Internationalization of Regions: The Role and Effectiveness of Public Policy Measures

Author

Listed:
  • Mariasole Bannò
  • Lucia Piscitello
  • Celeste Varum

Abstract

B annò M., P iscitello L. and V arum C. Determinants of the internationalization of regions: the role and effectiveness of public policy measures, Regional Studies . This paper assesses the role of public policy measures on outward internationalization of regions. By including financial and non-financial incentives among the determinants of the international competitiveness of regions, it is found that the former are important to enhance their active internationalization, but that variables related to the knowledge and competence base of regions are even more so. Financial incentives related to equity participation as well as non-financial incentives related to the provision of information come out highly significant in stimulating outward internationalization. The empirical analysis is conducted for the twenty Italian NUTS-2 regions over the period 2003-2008.

Suggested Citation

  • Mariasole Bannò & Lucia Piscitello & Celeste Varum, 2015. "Determinants of the Internationalization of Regions: The Role and Effectiveness of Public Policy Measures," Regional Studies, Taylor & Francis Journals, vol. 49(7), pages 1208-1222, July.
    • Handle: RePEc:taf:regstd:v:49:y:2015:i:7:p:1208-1222
    DOI: 10.1080/00343404.2013.821570
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00343404.2013.821570
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00343404.2013.821570?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Kokko, Ari, 2006. "The Home Country Effects Of Fdi In Developed Economies," EIJS Working Paper Series 225, Stockholm School of Economics, The European Institute of Japanese Studies.
    2. John H. Dunning & Sarianna M. Lundan, 2008. "Multinational Enterprises and the Global Economy, Second Edition," Books, Edward Elgar Publishing, number 3215.
    3. Itzhak Goldberg & Lee Branstetter & John Gabriel Goddard & Smita Kuriakose, 2008. "Globalization and Ttechnology Absorption in Europe and Central Asia : The Role of Trade, FDI, and Cross-Border Knowledge Flows," World Bank Publications - Books, The World Bank Group, number 6445.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. M. Bannò & D. Giuliani & E. Zaninotto, 2015. "The nature of export spillovers on trade: an analysis at NUTS 3 level in Italy," Applied Economics Letters, Taylor & Francis Journals, vol. 22(10), pages 815-819, July.
    2. Mariasole Bann√ö & Diego Giuliani & Enrico Zaninotto, 2014. "Going abroad on regional shoulders: The role of spillovers on the composition of regional exports," DEM Discussion Papers 2014/06, Department of Economics and Management.
    3. Riccardo Crescenzi & Simona Iammarino, 2017. "Global investments and regional development trajectories: the missing links," Regional Studies, Taylor & Francis Journals, vol. 51(1), pages 97-115, January.
    4. Simona Iammarino, 2018. "FDI and regional development policy," Journal of International Business Policy, Palgrave Macmillan, vol. 1(3), pages 157-183, December.
    5. Artemis Chang & Rui Torres de Oliveira & Hsi-Mei Chung & Nan Zheng, 2022. "Subnational response differences on the Belt and Road Initiative policy and firm internationalization: A longitudinal and multi-level approach," Journal of International Business Policy, Palgrave Macmillan, vol. 5(2), pages 152-171, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Damijan, Jože & Kostevc, Crt & Rojec, Matija, 2014. "Outward FDI and company performance in CEECs," Working Paper Series in Economics and Institutions of Innovation 381, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    2. Dierk Herzer & Philipp Hühne & Peter Nunnenkamp, 2014. "FDI and Income Inequality—Evidence from Latin American Economies," Review of Development Economics, Wiley Blackwell, vol. 18(4), pages 778-793, November.
    3. Thi Xuan Thu Nguyen & Javier Revilla Diez, 2017. "Multinational enterprises and industrial spatial concentration patterns in the Red River Delta and Southeast Vietnam," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 59(1), pages 101-138, July.
    4. Arvanitis, Spyros & Hollenstein, Heinz & Stucki, Tobias, 2016. "Does the explanatory power of the OLI approach differ among sectors and business functions? Evidence from firm-level data," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 10, pages 1-46.
    5. Mh Bala Subrahmanya, 2017. "HOW DID BANGALORE EMERGE AS A GLOBAL HUB OF TECH START-UPs IN INDIA? ENTREPRENEURIAL ECOSYSTEM — EVOLUTION, STRUCTURE AND ROLE," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 22(01), pages 1-22, March.
    6. Viengsaythong DALASENG & NIU Xiongying & Khaysy SRITHILAT, 2022. "Cross- Country Investigation of the Impact of Trade Openness and FDI on Economic Growth: A Case of Developing Countries," International Journal of Science and Business, IJSAB International, vol. 9(1), pages 49-73.
    7. Amar Gande & Kose John & Vinay B. Nair & Lemma W. Senbet, 2020. "Taxes, institutions, and innovation: Theory and international evidence," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 51(9), pages 1413-1442, December.
    8. Bartha, Zoltán & S. Gubik, Andrea, 2014. "SME Internalisation Index (SMINI) Based on the Sample of the Visegrad Countries," MPRA Paper 57382, University Library of Munich, Germany, revised 10 Jul 2014.
    9. Clampit, Jack & Gaffney, Nolan & Fabian, Frances & Stafford, Thomas, 2023. "Institutional misalignment and escape-based FDI: A prospect theory lens," International Business Review, Elsevier, vol. 32(3).
    10. Grazia Ietto-Gillies, 2020. "Digitalization and the Transnational Corporations," Working Papers 45, Birkbeck Centre for Innovation Management Research, revised Feb 2020.
    11. Ayamba Emmanuel Caesar & Chen HaiBo & Thomas Bilaliib Udimal & Andrew Osei-Agyemang, 2018. "Foreign Direct Investment, Growth of Output Indicators and Economic Growth in China: Empirical Evidence on Causal Links," International Journal of Economics and Financial Issues, Econjournals, vol. 8(3), pages 315-322.
    12. Ruben Molina Martinez & Oscar Hugo Pedraza Rendon & Jorge Luis Alcaraz Vargas, 2012. "Multinationalization Of Mexican Companies, La Multinacionalizacion De La Empresa Mexicana," Revista Internacional Administracion & Finanzas, The Institute for Business and Finance Research, vol. 5(5), pages 71-85.
    13. Zhao, Qianyu & Xu, Hang & Wall, Ronald S & Stavropoulos, Spyridon, 2017. "Building a bridge between port and city: Improving the urban competitiveness of port cities," Journal of Transport Geography, Elsevier, vol. 59(C), pages 120-133.
    14. Lee, In Hyeock (Ian) & Hong, Eunsuk & Makino, Shige, 2020. "The effect of non-conventional outbound foreign direct investment (FDI) on the domestic employment of multinational enterprises (MNEs)," International Business Review, Elsevier, vol. 29(3).
    15. Krzysztof Wach, 2017. "Exploring the Role of Ownership in International Entrepreneurship: How does Ownership Affect Internationalisation of Polish Firms?," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 5(4), pages 205-223.
    16. Andrzej Cieślik, 2020. "What attracts multinational enterprises from the new EU member states to Poland?," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 10(2), pages 253-269, June.
    17. Lulu Gu & W.R. Reed, 2013. "Chinese overseas M&A performance and the Go Global policy," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 21(1), pages 157-192, January.
    18. Kun-Ming Chen & Shu-Fei Yang, 2013. "Impact of Outward Foreign Direct Investment on Domestic R&D Activity: Evidence from Taiwan's Multinational Enterprises in Low-wage Countries," Asian Economic Journal, East Asian Economic Association, vol. 27(1), pages 17-38, March.
    19. Shima’a Hanafy, 2014. "Determinants of FDI Location in Egypt: Empirical Analysis Using Governorate Panel Data," Working Papers 875, Economic Research Forum, revised Nov 2014.
    20. Eleni Triantafillidou & Theodore Koutroukis, 2022. "Employee Involvement and Participation as a Function of Labor Relations and Human Resource Management: Evidence from Greek Subsidiaries of Multinational Companies in the Pharmaceutical Industry," Administrative Sciences, MDPI, vol. 12(1), pages 1-13, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:regstd:v:49:y:2015:i:7:p:1208-1222. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CRES20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.