Abstract

The purpose of this article is to review the classical theories on the location of foreign direct investment. Location theory assumes that a firm's production costs and revenues depend on its location. With the first classical business location theories, identifying business location factors has become an important research issue. The most important feature of space influencing location decisions is geographical proximity, contributing to cost reduction and agglomeration benefits.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call