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Inward investment and industrial competitiveness

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Intereconomics

Abstract

Inward investment—foreign direct investment in subsidiaries and joint ventures—has played an important part in Europe's post-war development as multinational firms, particularly American multinationals, became a major feature of many European economies. Latterly, we have seen an increasing presence also from Japan and other South-East Asian countries, as well as a resurgence of intra-European investment. What has been the effect of this on the competitiveness of European industry?

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References

  1. M. Brech, M. Sharp: Inward Investment: Policy Options for the UK, Chatham House Paper, 21, Routledge and Kegan Paul, London 1984; P. L. Cook: The offshore supplies industry: fast, continuous and incremental change, in: M. Sharp (ed.): Europe and the New Technologies, Frances Pinter, London 1985.

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  3. See Financial Times, July 1, 1986. Supplement Nissan in the North East.

  4. These figures quoted by the French authorities do not in fact tally with the JETRO figures for 1985.

  5. E. Sciberras: Multinational Electronic Companies and National Economic Policies, JAC Press, Greenwich, Conn. 1977, p. 231.

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  6. M. Brech, M. Sharp, op. cit..

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  7. Guy de Jonquieres: interview with Cor van der Klugt: Philips: Breaking out of the Past, in: Financial Times, April 25, 1986.

  8. Ibid. Guy de Jonquieres: interview with Cor van der Klugt: Phillips: Breaking out of the Past, in: Financial Times, April 25, 1986.

  9. Terry Dodsworth: interview with Karlheinz Kaske, chief executive of Siemens: Manufacturing with Passion, in: Financial Times, June 29, 1987.

  10. “Mr Gomez builds a high risk empire”, in: Financial Times, July 24, 1987, p. 16.

  11. See Scrips League Tables 1986–87.

  12. M. Brech, M. Sharp, op. cit. chapter 4.

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Authors and Affiliations

  1. Science Policy Research Unit, University of Sussex, Brighton, UK

    Margaret Sharp

Authors
  1. Margaret Sharp
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Additional information

Ms. Sharp wishes to express her indebtedness to the Leverhulme Foundation for the research grant which enabled this research project to be undertaken and to her colleague at the Science Policy Research Unit, Dr. P. L. Cook, for her partnership in the project.

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Sharp, M. Inward investment and industrial competitiveness. Intereconomics 23, 241–250 (1988). https://doi.org/10.1007/BF02925119

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  • DOI: https://doi.org/10.1007/BF02925119

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