Foreign Ownership and Global City Characteristics: Unpacking the Connectivity of Micro-locations

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

*Corresponding author for this work

Research output: Contribution to journalJournal articleResearchpeer-review


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
Issue number3
Pages (from-to)352-365
Number of pages14
Publication statusPublished - Mar 2020

Bibliographical note

Published online: 01 Jul 2019


  • connectivity
  • foreign ownership
  • global cities
  • location choice
  • micro-locations
  • multinational enterprises
  • value chain

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