The impact of corporate embeddedness of transnational companies on local economic development: case studies from Hungary

Бесплатный доступ

Reindustrialisation and the European Industrial Renaissance are strategic priorities of the current EU programming period (2014-2020). In parallel with the declining significance of national economies, meso (local) level is becoming more and more powerful. Key actors of reindustrialisation are transnational companies (TNCs) and their locations, the specific settlements. Transnational companies are influential allies of local and regional communities from several aspects, such as society, economy, science, governance, natural and built environment. The scientific approach is based on the basic concepts of evolutionary economic geography and recent innovation models. Research papers generally focus on one or two aspects of embeddedness, for example innovation, social or institutional embeddedness. The current paper examines embeddedness from a complex, multidimensional perspective that has not yet been applied in this context. It presents a new model of the embedment process and a framework of corporate embeddedness based on case studies...


Transnational companies, territories of mesolevel, local economic development, corporate embeddedness, management, efficiency

Короткий адрес:

IDR: 149131175   |   DOI: 10.15688/re.volsu.2017.2.2

Список литературы The impact of corporate embeddedness of transnational companies on local economic development: case studies from Hungary

  • Beckert J. Economic Sociology and Embeddedness: How Shall We Conceptualize Economic Action? Journal of Economic Issues, 2003, vol. 37, no. 3, pp. 769-787.
  • Boschma R. Proximity and Innovation: A Critical Assessment. Regional Studies, 2005, vol. 39, no. 1, pp. 61-74 DOI: 10.1080/0034340052000320887
  • Carayannis E.G., Campbell D.F.J. Triple Helix, Quadruple Helix and Quintuple Helix and How Do Knowledge, Innovation, and Environment Relate to Each Other? International Journal of Social Ecology and Sustainable Development, 2010, vol. 1, no. 1, pp. 41-69.
  • Enyedi G. A sikeres város. Tér és Társadalom,1997, vol. 11, no. 84, pp. 1-7.
  • Etzkowitz H., Leydesdorff L. The Dynamics of Innovation: From National Systems and ‘Mode 2’ to a Triple Helix of University-Industry-Government Relations. Research Policy, 2000, vol. 29, no. 2, pp. 109-123.
  • European Commission. An Integrated Industrial Policy for the Globalisation Era. Available at: http://ec. policy_en.pdf. 2010.
  • Granovetter M. Economic action and social structure. The problem of embeddedness. American Journal of Sociology, 1985, vol. 91, no. 3, pp. 481-510.
  • Johannisson B., Ramírez-Pasillas M., Karlsson G. The institutional embeddedness of local inter-firm networks: a leverage for business creation. Entrepreneurship & Regional Development: An International Journal, 2002, vol. 14, no. 4, pp. 297-315 DOI: 10.1080/08985620210142020
  • Józsa V. A Robert Bosch csoport miskolci letelepedése és beágyazódásának folyamata. Tér és Társadalom, 2014, vol. 28, no. 2, pp. 199-213.
  • Kramer J.P., Diez J.R. Catching the Local Buzz by Embedding? Empirical Insights on the Regional Embeddedness of Multinational Enterprises in Germany and the UK. Regional Studies, 2012, vol. 46, no. 10 (Special Issue: Intangible Assets and Regional Economic Growth), pp. 1303-1317. 571240 DOI: 10.1080/00343404.2011
  • Langley A., Smallman C., Tsoukas H., Van de Ven A. Process studies of change in organisation and management: unveiling temporality, activity and flow. Academy of Management Journal, 2013, vol. 56, no. 1, pp. 1-13. Available at: http://dx.doi.o DOI: rg/10.5465/amj.2013.4001
  • Nelson R.R. The Co-evolution of Technology, Industrial Structure, and Supporting Institutions. Industrial and Corporate Change, 1994, vol. 3, no. 1, pp. 47-63 DOI: 10.1093/icc/3.1.47
  • Nemes Nagy J. Terek, helyek, régiók. Budapest: Akadémiai Kiadó Zrt, 2009. 350 p.
  • Polányi K. The Great Transformation -The political and economic origins of our time. New York, Farrar&Rinehart, 1944. 317 p.
  • Rechnitzer J. A területi tőke a városfejlődésben. A Győr-kód. Studia Regionum sorozat. Budapest-Pécs, Dialóg Campus Kiadó, 2016. 270 p.
  • UNCTAD definition of Transnational Companies. Available at:
  • Villareal L., Landeta R. Case study as a methodology of scientific research in business economics and management. An application of internationalisation. Investigaciones Europeas de Direcciуn y Economнa de la Empresa, 2010, vol. 16, no. 3, pp. 31-52 DOI: 10.1016/S1135-2523(12)60033-1
Статья научная