The recent rejection of British Aerospace's (BAe) application for 25m in Regional Selective Assistance (RSA) for its Broughton facility in North Wales, and subsequent granting of 19·5m in other aid packages, has highlighted an important policy issue now facing development areas across the UK....

During the last 25 years there have been some fundamental changes to the international political economy. The decline of Fordism, globalization and technical innovations have altered the ways in which firms operate and interact with each other and other economic agents. Corporate strategy and...

Drawing on extensive academic research concerning clusters and networks, this paper seeks to create a framework capable of reviewing and monitoring different aspects of clusters and networks on an ongoing basis. The nine-element framework allows evaluation of the structures and processes for the...

This article examines competitive bidding among development agencies. Some commentators argue that English regions are at a disadvantage compared with Northern Ireland, Scotland and Wales in attracting Foreign Direct Investment (FDI). The authors look at the evidence on the attraction of FDI to...

Government aid offered to Wales, and largely spent on attracting foreign direct investment, has yet to provide tangible benefits in terms of relative economic prosperity and sustained job creation. The present policy focus is therefore now concerned with creating innovative solutions led by...

A project funded by the Institute for the Study of Business Markets to develop an understanding of the current state of business-to-business marketing and a research agenda for the field identified a lack of understanding of how the marketing function can or should best contribute to firms’...

Government procurement policy in the UK is an uneasy mixture of different policy legacies, where the dominant objectives of cost-efficiency and value for money compete with alternatives which emphasise public procurement as central to innovation policy and/or a critical demand-side instrument in...