An empirical study of service sector clustering and multinational enterprises

Naresh R. Pandit, Gary A. S. Cook, Jonathan V. Beaverstock, Pervez N. Ghauri

Research output: Contribution to journalArticle

Abstract

This paper examines the small but growing literature that offers explanations for multinational enterprise (MNE) location in geographical business clusters. It tests some of the propositions of this literature against the findings of a study which compares MNEs and non-MNEs regarding the advantages and disadvantages of a location in the City of London financial services cluster, an agglomeration noted for its extraordinarily large MNE component. The primary conclusion is that MNEs and non-MNEs have different and multiple motives for locating in the cluster. There are two business policy recommendations.
Original languageEnglish
Pages (from-to)23-39
Number of pages17
JournalJournal of Services Research
Volume7
Issue numberSpecial Issue
Publication statusPublished - Feb 2008

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