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Multinational Enterprises and Regional Economic Development (1994)

In: The Multinational Subsidiary

Author

Listed:
  • Stephen Young
  • Neil Hood
  • Ewen Peters

Abstract

The objective of this paper is to provide an overview and synthesis of the different strands of literature relating to multinational enterprises (MNEs) and regional economic development, with especial reference to foreign MNEs in the European Community (EC). The international business subject area is of interest to researchers from several disciplines, whose contributions have developed partly in isolation and certainly with different foci of attention. By integrating them with the regional development interest at the forefront of attention, it is hoped to provide new insights for academics and policy makers. The timing is appropriate since early evidence and forecasts point to a difficult environment for the attraction of new greenfield manufacturing foreign direct investment (FDI) through the 1990s. This is a consequence of the growth of FDI in services and the changed modality of new investment activity, away from greenfield projects towards joint ventures, acquisitions and alliances involving different components of the value chain (United Nations, 1992).

Suggested Citation

  • Stephen Young & Neil Hood & Ewen Peters, 2003. "Multinational Enterprises and Regional Economic Development (1994)," Palgrave Macmillan Books, in: The Multinational Subsidiary, chapter 8, pages 147-178, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-51080-7_8
    DOI: 10.1057/9780230510807_8
    as

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