Purpose – Focuses on a specific aspect of globalization, namely the growing role of transnational corporations (TNCs) in the international organisation of production and innovation. Design/methodology/approach – Argues that the nature and characteristics of international production are...

Purpose – The aim of this paper is to discuss the apparent paradox that multinational firms may and sometimes do pursue social benefits as their main objective. Design/methodology/approach – This paper explores the grey area that lays between some consolidated analytical concepts, namely:...

Using data on 5509 foreign subsidiaries established in 50 regions of 8 EU countries over the period 1991-1999, we estimate a mixed logit model of the location choice of multinational firms in Europe. In particular, we focus on the role of EU Cohesion Policy in attracting foreign investors from...

This paper describes the sectoral patterns of foreign direct investment in France, Italy and Spain, using a novel data set on manufacturing firms for the 1993–97 period. Significant heterogeneities emerge across countries in terms of weight and distribution of foreign presence, and in...

Using data on the adoption of Information and Communication Technology (ICT) by 1947 Italian firms in 2004 and 2005, this paper provides evidence that is consistent with three largely complementary streams of literature on innovation diffusion. First, as suggested by epidemic models, the authors...