Publisher's Synopsis
The renewal of interest in the development potential of inward investment within the less favoured regions (LFRs) has been the outcome of disenchantment with strategies based on small firm entrepreneurship. However, it is also the product of changing analysis of the positive contribution to regional development from new organisational tendencies in large firms, notably the decentralisation of decision-making and production.;This study, based on research commissioned by the Regional Policy Directorate of the European Commission, critically evaluates the latter proposition, and explores the regional policy requirements for attracting and rooting high quality investment in the less favoured regions of the European Community. It reviews new theorizations of large firm behaviour, to draw out the locational and policy requirements of so-called quality investment in the context of LFRs. It goes on to examine whether the 1980s have witnessed a change in the nature and quality of mobile investment in LFRs, through a study of major projects in selected EC regions.
