The Home-based Advantages and a Hierarchy of Location Advantages: Foreign and British-owned Firms in the London Wholesale Insurance Market

Preprint OPEN
Lilach Nachum;
  • Subject: insurance, London, nationality of ownership, MNE internal transfers
    • jel: jel:F23 | jel:L80 | jel:M21

This study seeks to explain why, in some cases, locationally advantageous countries attract foreign firms, who develop dominant competitive positions in the market, rather than facilitate the development of internationally competitive national firms, as theory suggests.... View more
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