Inward investment and industrial competitiveness |
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Authors: | Margaret Sharp |
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Institution: | 1. Science Policy Research Unit, University of Sussex, Brighton, UK
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Abstract: | Inward investment—foreign direct investment in subsidiaries and joint ventures—has played an important part in Europe's post-war development as multinational firms, particularly American multinationals, became a major feature of many European economies. Latterly, we have seen an increasing presence also from Japan and other South-East Asian countries, as well as a resurgence of intra-European investment. What has been the effect of this on the competitiveness of European industry? |
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