Opendata, web and dolomites


Multinationals, Institutions and Innovation in Europe

Total Cost €


EC-Contrib. €






Project "MASSIVE" data sheet

The following table provides information about the project.


Organization address
address: Houghton Street 1
city: LONDON
postcode: WC2A 2AE

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country United Kingdom [UK]
 Project website
 Total cost 1˙276˙880 €
 EC max contribution 1˙276˙880 € (100%)
 Programme 1. H2020-EU.1.1. (EXCELLENT SCIENCE - European Research Council (ERC))
 Code Call ERC-2014-STG
 Funding Scheme ERC-STG
 Starting year 2015
 Duration (year-month-day) from 2015-06-01   to  2020-12-31


Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 


 Project objective

Multinational Enterprises (MNEs) are key ‘tectonic forces’, shaping the ‘mountains’ in a far-from-flat world economic geography. In 2010, MNEs generated value added for approximately US$16 trillion accounting for more than a quarter of world GDP (UNCTAD, 2012). The progessive expansion of firms from emerging economies into multinational enterprises is unprecedented. Outflows of FDIs from developing economies reached the record level of $426 billion in 2012, corresponding to 31% of global outflows, up from 16% in 2007 (UNCTAD, 2013). However, there is no consensus in the academic literature on both the factors able to shape the long-term location decisions of MNEs and, more generally, on the ultimate impact of MNEs on their host economies. This lack of consensus reflects three fundamental gaps in the existing literature. First the omission of some fundamental determinants of MNEs investment decisions in ‘traditional’ national-level analyses. Territorial/spatial factors, MNEs heterogeneity and local institutional conditions have been often overlooked in MNEs location analyses. Second the limited attention to the broader set of impacts of MNEs in their host economies and the role of institutional factors as selective ‘filters’ for these impacts. Third the intimate inter-connection between location motives and impacts has remained unexplored in the grey areas between separate streams of literature. This research project will investigate the location strategies of MNEs and their territorial impacts addressing these three fundamental gaps in the existing literature, shedding new light on the factors shaping the economic geography of MNEs and their impacts and providing policy-makers at all levels with new tools to promote innovation, employment and economic recovery after the current economic crisis.


year authors and title journal last update
List of publications.
2018 Riccardo Crescenzi, Marco Di Cataldo, Alessandra Faggian
Internationalized at work and localistic at home: The ‘split’ Europeanization behind Brexit
published pages: 117-132, ISSN: 1056-8190, DOI: 10.1111/pirs.12350
Papers in Regional Science 97/1 2019-05-29
2016 Riccardo Crescenzi, Carlo Pietrobelli, Roberta Rabellotti
Regional strategic assets and the location strategies of emerging countries’ multinationals in Europe
published pages: 645-667, ISSN: 0965-4313, DOI: 10.1080/09654313.2015.1129395
European Planning Studies 24/4 2019-05-27
2016 Andrea Ascani, Riccardo Crescenzi, Simona Iammarino
Economic Institutions and the Location Strategies of European Multinationals in their Geographic Neighborhood
published pages: 401-429, ISSN: 0013-0095, DOI: 10.1080/00130095.2016.1179570
Economic Geography 92/4 2019-05-27
2016 Riccardo Crescenzi, Alexander Jaax
Innovation in Russia: The Territorial Dimension
published pages: 66-88, ISSN: 0013-0095, DOI: 10.1080/00130095.2016.1208532
Economic Geography 93/1 2019-05-27
2017 Riccardo Crescenzi, Simona Iammarino
Global investments and regional development trajectories: the missing links
published pages: 97-115, ISSN: 0034-3404, DOI: 10.1080/00343404.2016.1262016
Regional Studies 51/1 2019-05-27

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