In the past century we have witnessed worldwide a growing flow of Foreign Direct Investment (FDI), which have attracted the attention of economists, international business and development scholars. In this scenario, two trends have recently gained momentum: the increasing relevance of...

Firms from emerging countries such as Brazil, India, and China (BIC) are going global, and Europe is attracting around one-third of their direct outward investments. Growing internationalization constitutes an opportunity for technological catch up. In this paper we analyze BIC firms’...

Do the programs that aim to promote and develop industry clusters (also known as Cluster Development Programs, or CDP) work? Do they have an impact on enterprise development? This paper offers an insight into the methods that can help answer these fundamental questions through solid quantitative...

Cluster development programs (CDPs) have been adopted widely in many countries worldwide. Many such programs aim to promote economic development by forming and strengthening inter-organizational networks. Despite their widespread diffusion, we know very little about CDP outputs or the impact...

A recent preoccupation in scholarly research is the capacity of firms in developing country industrial clusters to comply with international corporate social responsibility (CSR) policies and codes of conducts. This research is at an early stage and draws on several – often quite distinct -...

Most of the studies about industrial clusters and innovation stress the importance of firms’ geographical proximity and their embeddedness in local business networks, as factors that positively affect their learning and innovation processes. More recently, scholars have started to claim that...

In this paper we aim to contribute to the literature on Chinese and Indian multinationals investing in Europe, through an empirical investigation of their identity and characteristics and the association between these features and their international business strategies. The investigation...

The present paper is about the ownership choices by Emerging Market Multinational Enterprises (EMNEs) when they invest in Europe through M&As, and the relationship with the main motivations underlying their international expansion. Namely, we claim that EMNEs prefer to acquire less control and...

The empirical literature on China’s outward foreign direct investment (OFDI) mainly relies on aggregate data from official statistics, whose international reliability is currently a matter of concern, and that do not take account of some relevant features such as the industry breakdowns,...