Abstract
In the closing decades of the nineteenth century the Danish slaughtering and bacon industry was the main target of foreign direct investments into Denmark. This article examines the determinants and evolution pattern of this early investment and relates it to the general investment development cycle. A survey of the seven pioneers of inward investment shows that locational advantages were the most important determinant in promoting the decision to invest in Denmark. The pioneer FDls further drove the competitiveness and export development of the bacon industry, and thereby created the foundation of what later became the internationally very successful Danish meat processing industry.
Published Version
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