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

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

doi:10.1080/00343404.2019.1623391

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

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

Geography

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 language	English
Journal	Regional Studies
ISSN	0034-3404
DOIs	https://doi.org/10.1080/00343404.2019.1623391
Publication status	Published - 3 Mar 2020

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10.1080/00343404.2019.1623391

Cite this

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title = "Foreign ownership and global city characteristics: unpacking the connectivity of micro-locations",

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.",

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AB - 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.

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