Webinar: Global Investments Flows and local development and innovation

The YSI Urban and Regional Economics Working Group and the YSI Innovation Working Group are pleased to invite you to the joint webinar:

This seminar will discuss new empirical evidence from across the globe on the link between internationalisation, multinational firms’ strategies and local innovation and prosperity. The seminar will also address the role of public policies and discuss how mayors, regional governors and national governments can effectively leverage global investment flows and value chains for innovation and recovery after the Great Recession.

Riccardo Crescenzi is Professor of Economic Geography at the London School of Economics. He is also the current holder of a European Research Council (ERC) Grant and Research Staff at the Spatial Economics Research Centre at the LSE. He has been a Jean Monnet Fellow at the European University Institute (EUI) and a Visiting Scholar at the Harvard Kennedy School of Government, Taubman Centre, Harvard University and at the University of California Los Angeles (UCLA).

Professor Crescenzi's current research is focused on "investigating the location strategies of MNEs and their territorial impacts, shedding new light on the factors shaping the economic geography of MNEs and providing policy-makers at all levels with new tools to promote innovation, employment, and economic recovery after the current economic crisis in advanced and emerging economies."

"The global networks formed by Multinational Enterprises (MNEs) are among the most relevant forces currently shaping the world economic geography. Policy makers in virtually all countries and regions have adopted a variety of measures and incentives to attract MNEs and their subsidiaries. At the same time they support the internationalisation of domestic firms, in order to boost local employment, productivity, and innovation. However, there is no consensus in the academic literature on both the factors shaping the location decisions of MNEs and, more generally, on the ultimate impact of MNEs on their host economies"¹.

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The YSI Urban and Regional Economics Working Group.