Foreign ownership and global city characteristics: unpacking the connectivity of micro-locations

Christian Geisler Asmussen, Bo Bernhard Nielsen, Cecilie Dohlmann Weatherall, Ditte Håkonsson Lyngemark

Research output: Contribution to journalJournal articleResearchpeer-review

5 Citations (Scopus)

Abstract

This paper develops the idea that global city characteristics in distinct micro-locations attract foreign and domestic firms differentially. The hypotheses are tested on a large data set of workplaces during the period 2007–16 and a complex relationship is found between global connectivity and foreign-owned location choice. Specifically, global infrastructure is strongly associated with foreign ownership in the upstream value chain (manufacturing or wholesale), whereas cosmopolitanism exhibits a stronger association with foreign ownership in downstream value-chain activities, such as retail. The agglomeration of producer services in a given location and the likelihood of foreign ownership in that location is higher in highly knowledge-intensive industries.
Original languageEnglish
JournalRegional Studies
Number of pages15
ISSN0034-3404
DOIs
Publication statusE-pub ahead of print - 1 Jul 2019
Externally publishedYes

Keywords

  • Global cities
  • Location choice
  • Multinational Enterprises
  • Value chain
  • Connectivity
  • Micro-locations
  • Foreign ownership
  • location choice
  • value chain
  • foreign ownership
  • multinational enterprises
  • connectivity
  • global cities
  • micro-locations

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