RT info:eu-repo/semantics/article T1 Location decisions and agglomeration economies: domestic and foreign companies T2 Decisiones de localización y economías de aglomeración: empresas domésticas y extranjeras A1 Claver Cortés, Enrique A1 Marco Lajara, Bartolomé A1 Manresa-Marhuenda, Encarnación A1 García Lillo, Francisco A1 Seva Larrosa, Pedro K1 Location choice K1 Multinational enterprise K1 Innovation K1 Agglomeration K1 Knowledge K1 Absorptive capacity K1 Localización K1 Empresa multinacional K1 Innovación K1 Aglomeración K1 Conocimiento K1 Capacidad de absorción K1 D83 K1 F23 K1 L25 K1 M16 K1 R30 K1 Economía K1 Economics K1 Geografía K1 Geography K1 Sociología K1 Sociology AB The international expansion of multinational enterprises (MNEs) is one of the topics most frequently discussed amongst international business scholars. In particular, decisions regarding firm location and its effects on performance have received great attention. The results obtained in the study about this relationship are inconclusive, though, since a large number of studies have been conducted fromvery different perspectives. One of these perspectives suggests that the location in agglomerations allows MNEs to benefit from potential knowledge spillovers encouraging innovation and local adaptation. However, this co-location increases the risk of imitation by domestic companies as well. Furthermore, the acquisition by each firm of the external knowledge generated by means of concentration dependson its internal capabilities, and especially on its absorptive capacity. The aim sought with this work consists in analyzing the location decisions adopted by MNEs in an attempt to clarify the following issues: Are MNEs more likely to be established in agglomerations? Which companies benefit the most from geographical proximity in terms of innovation, domestic or foreign ones? What is the role of absorptivecapacity? The results obtained in the analysis, carried out with a sample of firms and using data from a survey conducted in 2013 by PITEC, reveal the differences between foreign and local companies when it comes to using external knowledge. PB Asociación Española de Ciencia Regional (AECR) SN 2340-2717 YR 2017 FD 2017 LK http://hdl.handle.net/10017/31603 UL http://hdl.handle.net/10017/31603 LA eng DS MINDS@UW RD 25-abr-2024