TY - JOUR
T1 - Subnational Location Capital
T2 - The Role of Subnational Institutional Actors and Socio-spatial Factors on Firm Location
AU - Monaghan, Sinéad M.
AU - Gunnigle, Patrick
AU - Lavelle, Jonathan
N1 - Publisher Copyright:
© 2019 British Academy of Management and Wiley Periodicals LLC
PY - 2020/7/1
Y1 - 2020/7/1
N2 - Firms do not simply locate, but rather seek to accrue location-based advantages such as knowledge, market insidership and resource utilization. Adopting the lens of social capital, this paper explores how subnational institutional actors facilitate location capital for firms. Using qualitative case study analysis of six multinational companies (MNCs), we highlight the important role of subnational institutional actors in fostering three dimensions of subnational location capital – structural, relational and cognitive. We show that subnational location capital, defined as the economic and social assets accessible through relationships within a subnational location, enable firms to derive advantages via subnational engagement. These findings contribute to the growing literature on the dynamic interaction of firms with subnational location, particularly the nuanced role of subnational institutional actors with MNCs.
AB - Firms do not simply locate, but rather seek to accrue location-based advantages such as knowledge, market insidership and resource utilization. Adopting the lens of social capital, this paper explores how subnational institutional actors facilitate location capital for firms. Using qualitative case study analysis of six multinational companies (MNCs), we highlight the important role of subnational institutional actors in fostering three dimensions of subnational location capital – structural, relational and cognitive. We show that subnational location capital, defined as the economic and social assets accessible through relationships within a subnational location, enable firms to derive advantages via subnational engagement. These findings contribute to the growing literature on the dynamic interaction of firms with subnational location, particularly the nuanced role of subnational institutional actors with MNCs.
UR - http://www.scopus.com/inward/record.url?scp=85061054197&partnerID=8YFLogxK
U2 - 10.1111/1467-8551.12341
DO - 10.1111/1467-8551.12341
M3 - Article
AN - SCOPUS:85061054197
SN - 1045-3172
VL - 31
SP - 618
EP - 635
JO - British Journal of Management
JF - British Journal of Management
IS - 3
ER -