“…Policy makers should therefore place differing degrees of emphasis on measures facilitating market access, labour productivity, education and training initiatives, R&D and technology development, and the promotion of cluster development and supply chain linkages, as well as on traditional, incentive-based approaches to inward investment strategy, reflecting variations in regional economic circumstances and FDI potential (Stone and Peck, 1996;Phelps, 1997;Loewendahl, 2001a and2001b). Policy makers in the UK's more peripheral regions would thus appear to be better advised to target lower technology FDI, with the potential for higher job-creation potential Mudambi and Mudambi, 2005).…”