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dc.contributor.authorGiblin, Majella
dc.contributor.authorRyan, Paul
dc.identifier.citationGiblin, M. and Ryan, P. (2010) "Tight Clusters or Loose Networks? The Critical Role of Inward FDI in Cluster Creation", CISC Working Paper No. 35.en_US
dc.description.abstractThe purpose of this paper is to investigate the role of inward foreign direct investment (FDI) in instigating a clustering process. In particular, the study examines the situation in which FDI is initially attracted to a region as a result of public policy initiatives rather than the existence of sophisticated local capabilities. Under these circumstances, the presence of large foreign-owned multinational corporations (MNCs) is shown to result in local knowledge transfers and regional reputation effects. These effects give rise to a clustering process, which contrary to other perspectives (PHELPS 2008), shows that external economies can be captured locally from FDI.en_US
dc.relation.ispartofseriesCISC Working Papers;35
dc.subjectIndustry clustersen_US
dc.subjectForeign direct investmenten_US
dc.subjectMultinational Corporationsen_US
dc.subjectExternal economiesen_US
dc.subjectCentre for Innovation & Structural Change (CISC)en_US
dc.titleTight Clusters or Loose Networks? The Critical Role of Inward FDI in Cluster Creationen_US
dc.typeWorking Paperen_US
dc.contributor.funderIrish Research Council for the Humanities and Social Sciencesen_US

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