In: Información Comercial Española, 2019, no. 909, p. 23-35
This contribution identifies the main recent patterns affecting the international investment policy landscape. It reflects the main developments and challenges that call for reforms at national and international levels and comprises three parts. The first part is dedicated to national investment policies promoting or restricting international investments. The second covers the developments...
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In: Journal of International Business Studies, 2020, vol. 51, p. 1045-1053
We describe the extent to which the world’s largest companies (in terms of revenues), achieve sales around the globe, and have been able to penetrate markets outside of their home region. We try to answer the following question: Has there been a recent increase in the world’s largest firms achieving a global sales orientation, meaning a balanced, global distribution of sales? Rugman &...
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In: Competitiveness Review, 2015, vol. 25, no. 3, p. 324-340
Purpose – This paper aims to focus on the role of clusters as home and host country- specific advantages for multinational enterprises (“MNEs”) in the organization of their internal and external networks to optimize the diffusion and generation of new knowledge. Strategic asset-seeking investment has been a major driver of the internalization of innovation activities performed by MNEs...
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In: Economic Inquiry, 2016, vol. 54, no. 3, p. 1519-1540
We study the impact of communication on behavior in a two-stage coordination game with asymmetric payoffs. We test experimentally whether individuals can avoid a head-to-head confrontation by means of coordinated strategies. In particular we analyze whether and how quickly a conflict-avoidance take turn strategy can emerge. First, our results show that players learn to solve the conflict by...
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In: Social Choice and Welfare, 2018, vol. 51, p. 681-716
Using a laboratory experiment with nested local and global public goods, we analyze the stability of global groups when individuals have the option to separate, according to the degree of decentralization of decision-making. We show that increasing the number of decisions made at the local level within a smaller group reduces the likelihood that individuals vote in favor of a configuration...
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In: Journal of Urban Economics, 2010, vol. 68, no. 2, p. 205-214
This paper compares the impact of two equalization transfer schemes on regional budgetary choices: a gross equalization scheme, where ex-post transfers to regions are financed from federal tax revenues, and a net equalization scheme, where region- to-region ex-post transfers allocated by the federal government are self-financed. The net equalization scheme reduces ex-post federal intervention...
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In: Economics and Business Review, 2019, vol. 5, no. 3, p. 16-34
The concept of competitiveness has been addressed by economic theorists and policy makers for several hundreds of years, with both groups trying to understand the drivers of economic prosperity and social welfare. This contribution does not aim to address all theoretical thoughts that may contribute to understanding the roots of the competitiveness of locations. The goal is to address the...
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In: Competitiveness Review: An International Business Journal, 2019, vol. 29, no. 3, p. 236-252
Purpose – The paper aims to investigate the role of specialization and agglomeration forces on industry performance in an emerging market, namely, Thailand. In particular, the impact of clusters and the influence of complexity will be tackled. Design/methodology/approach – The methodology used is based on the work of Delgado et al. (2014). Industries and clusters are assigned to a certain...
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In: Competitiveness Review, 2017, vol. 27, no. 3, p. 194-207
Purpose – A significant stream of literature focuses on host countries’ locations when explaining why firms internalize some of their activities in specific countries. At first glance, home location schemes and specificities seem to have attracted less attention in the scientific community. The purpose of this contribution is to provide a literature review linked to the specific issue of...
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In: Competitiveness Review, 2016, vol. 26, no. 2, p. 188-209
Purpose – This paper aims to examine the methodology used to identify clusters on the one hand and assess the economic impact that those may have on regions on the other hand. Design/methodology/approach – The influential work on “clusters”lead by Michael Porter since the 1990s has become a tool for promoting innovation and growth at national and regional level. Even if the theory has...
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