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Regional Business Systems and the Governance of Foreign Direct Investment in Canada, Spain and the UK

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journal contribution
posted on 23.11.2017 by Maria C. Gonzalez, Phil Almond, Gregor Murray
This paper examines how governance actors in regional business systems engage with foreign-owned multinational corporations which are present within their territory, in attempts to retain investment and link their regions to global production networks. This is done through a qualitative analysis of policy and practice in six sub-national regions in three advanced industrialized economies (Canada, Spain and the UK), thus permitting both international and intra-national comparisons. We find that while there are broad similarities in the types of governance mechanisms used, there are notable differences in the extent and intensity of forms of market, state and associational governance of foreign direct investment. These differences partly correspond to broader institutional differences in the nature of business systems, and partly to the socio-political construction of sub-national governance space.

Funding

This research was funded by the ESRC (RES-062-23-1886) and a Spanish Ministry of Science and Innovation (2010-2013), Research Grant, "Multinational corporations, intermediate governance and human resources"

History

School

  • Loughborough University London

Published in

Revista Española de Investigaciones Sociológicas (REIS)

Citation

GONZALEZ, M.C., ALMOND, P. and MURRAY, G., 2018. Regional Business Systems and the Governance of Foreign Direct Investment in Canada, Spain and the UK. Revista Espanola de Investigaciones Sociologicas (REIS), 163: pp. 3-20.

Publisher

Center for Sociological Research (Centro de Investigaciones Sociologicas - CIS)

Version

AM (Accepted Manuscript)

Publisher statement

This work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) licence. Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/

Acceptance date

22/11/2017

Publication date

2018

Notes

This paper was accepted for publication in the journal Revista Espanola de Investigaciones Sociologicas (REIS) and the definitive published version is available at http://dx.doi.org/10.5477/cis/reis.163.3

ISSN

0210-5233

eISSN

1988-5903

Language

en

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