A Retrospective on their article by the winners of this year’s JIBS Decade Award: “Global Cities and Multinational Enterprise Location Strategy” (JIBS, 2013, 44 (5): 427–450)

Anthony Goerzen*, Christian Geisler Asmussen, Bo Bernhard Nielsen

*Corresponding author af dette arbejde

Publikation: Bidrag til bog/antologi/rapportKonferenceabstrakt i proceedingsForskningpeer review

Abstract

We combine the concept of location derived by economic geographers with theories of the multinational enterprise (MNE) and the liability of foreignness developed by international business scholars, to examine the factors that propel MNEs toward, or away from, “global cities”. We argue that three distinctive characteristics of global cities – global interconnectedness, cosmopolitanism, and abundance of advanced producer services – help MNEs overcome the costs of doing business abroad, and we identify the contingencies under which these characteristics combine with firm attributes to exert their strongest influence. Consistent with these arguments, our analysis of a large sample of MNE location decisions using a multilevel multinomial model suggests not only that MNEs have a strong propensity to locate within global cities, but also that these choices are associated with a nuanced interplay of firm- and subsidiary-level factors, including investment motives, proprietary capabilities, and business strategy. Our study provides important insights for international business scholars by shedding new light on MNE location choices and also contributes to our understanding of economic geography by examining the heterogeneous strategies and capabilities of MNEs – the primary agents of economic globalization – that shape the nature of global cities.
OriginalsprogEngelsk
TitelProceedings of the 65th Annual Meeting of the Academy of International Business. AIB 2023 : International Business Resilience under Global Disruptions
RedaktørerKazuhiro Asakawa, Tunga Kiyak
Antal sider1
UdgivelsesstedEast Lansing, MI
ForlagAcademy of International Business
Publikationsdato2023
Sider283
StatusUdgivet - 2023
BegivenhedAIB 2023 Annual Meeting: International Business Resilience under Global Disruptions - SGH Warsaw School of Economics, Warsaw, Polen
Varighed: 5 jul. 20239 jul. 2023
Konferencens nummer: 65
https://www.aib.world/event/annual-meeting-aib-2023-warsaw/

Konference

KonferenceAIB 2023 Annual Meeting
Nummer65
LokationSGH Warsaw School of Economics
Land/OmrådePolen
ByWarsaw
Periode05/07/202309/07/2023
Internetadresse
NavnProceedings of the Annual Meeting of the Academy of International Business
ISSN2078-0435

Citationsformater