Multinational Firms’ Motivations and Foreign Direct Investment Decisions: An Analysis of the Software and <scp>IT</scp> and Financial Services Sectors in the Irish Context

Annan-Diab, Fattima; Filippaios, Fragkiskos

doi:10.1002/tie.21896

Cited by 4 publications

(3 citation statements)

References 66 publications

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“…Note, however, that the motivation for FDI/ownership in the same country could be different depending on the industry. For example, Annan‐Diab and Fragiskos () found that, in the Irish context, availability of low‐cost skilled labor is the motivation for FDI/ownership in the case of software sector and low regulation in the case of financial services sector. In addition, we argue that intra‐firm trade in services is complementary to the stock of FDI in manufacturing, which is an indicator of FSA.…”

Section: Data and Regression Methodologymentioning

confidence: 99%

Internationalization of services: The case of intra‐multinational enterprise trade

Rao

Vinod

2019

Thunderbird Intl Bus Rev

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Increased tradability of services, made possible by the information and communications technology (ICT) revolution, has been at the heart of the internationalization of services. Although rapid growth of the services trade between parents of multinational enterprises (MNEs) and their overseas subsidiaries has contributed to the internationalization of services, empirical studies examining the determinants of intra‐MNE trade in services are few. This article, using the ownership, location, and internalization (OLI) framework, attempts to explain intra‐MNE trade in services. The results provide strong support for the OLI perspective, and posit a complementary relationship between manufacturing foreign direct investment and intra‐MNE services trade. The results also suggest the importance of subsidiaries' absorptive capacity and breadth of global connectedness for intra‐MNE trade.

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Section: Data and Regression Methodologymentioning

confidence: 99%

Internationalization of services: The case of intra‐multinational enterprise trade

Rao

Vinod

2019

Thunderbird Intl Bus Rev

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“…An important component of Ireland's success and its resurgence after the economic crisis at the turn of the millennium were the investments made in the national IS. These took the form of subsidies for high-tech investments, support for IT start-ups and establishment of institutions to support the strengthening of the knowledge economy (Annan-Diab & Filippaios, 2017;Coe, 1997). Ireland can be considered an example of strong and increasing integration into GVCs accompanied by high domestic investments in human capital and innovation.…”

Section: Explaining the Gvc Deepening And Innovation Strengthening Tr...mentioning

confidence: 99%

Deepening or delinking? Innovative capacity and global value chain participation in the IT industry

Lema

Pietrobelli

Rabellotti

et al. 2021

Industrial and Corporate Change

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Innovation trajectories in global value chains (GVCs) can take differentiated pathways. In this article, we address the question: do stylized trajectories emerge from the analysis of countries’ relative innovative capacity (IC) and GVC participation? We draw explorative insights from a cluster analysis of 45 countries on the two subsectors of the information technology industry: hardware and software. Our analysis uncovers remarkable differences between hardware and software and across countries. We identify different trajectories and discuss the sectoral specificities that contribute explaining their existence. The association between the strengthening of IC and a deeper insertion in GVCs applies only to a handful of countries and only in the software subsector. The specificity of this association raises questions for future research on innovation trajectories in GVCs.

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“…The proportion of employment in foreign‐owned companies as a percentage of total international trade‐related employment is the highest in the world and explains why Ireland is consistently ranked among the top five‐most economically globalized nations (EY/Economic Intelligence Unit Globalization Surveys, ). The United States is by far Ireland's largest source of FDI, with U.S. MNCs accounting for almost half of all foreign‐owned firms in the country (Annan‐Diab & Filippaios, ). Collectively, U.S. FDI in Ireland amounted to $343 billion in 2015.…”

Section: Research Contextmentioning

confidence: 99%

Multinational companies and human resource management in Ireland during recession: A retrospective from a highly globalized economy

Gunnigle

Lavelle

Monaghan

2018

Thunderbird Intl Bus Rev

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This article provides a retrospective investigation of the impact of the recent "great recession" on human resource management (HRM) in multinational companies (MNCs) in Ireland. Ireland represents a particularly fitting location within which to address this topic given its standing as one of the world's most economically globalized and MNC-dependent economies and also because the country was very severely impacted by the global financial crisis. Using both primary and secondary data from a variety of sources, our analysis considers the impact of recession on HRM in MNCs, with particular focus on employment, pay and benefits, industrial relations, and the role of the human resource (HR) function. The findings suggest that HR practitioners played a central role in implementing a series of initiatives, many of which were operational in nature, to improve business performance. In so doing, we argue that practitioners in MNCs in Ireland behaved as archetypical "conformist innovators" during the recent recession, delivering operational HR responses to improve their organization's bottom line. K E Y W O R D S human resource management, industrial relations, Ireland, multinational companies, recession 1 | INTRODUCTION As a direct result of the 2007 global financial crisis, Ireland officially entered recession in 2008 and technically initiated economic recovery in 2013. As Ireland recovers from the effects of the latest recession, this article considers its impact on human resource management (HRM) among multinational companies (MNCs). The article is largely retrospective in nature, revisiting and integrating research dating from the early years of the global financial crisis while also reviewing more recent evidence and scholarly work on the topic. Ireland represents a particularly appropriate locale within which to address this topic. First, despite having a comparatively small population of approximately 4.6 million people and a somewhat remote location as an island nation on Europe's western periphery, Ireland is one of the world's most economically globalized and MNC-dependent economies. Second, Ireland suffered acutely from the global financial crisis, with the International Monetary Fund (IMF) describing Ireland's recession at the time as the worst in the advanced world (IMF, 2009). Drawing on a combination of primary and secondary data, our article considers the impact of recession on HRM in MNCs in Ireland, with particular focus on employment, pay and benefits, industrial relations, and the role of the HR function.We begin by summarizing the status and influence of HRM and the impact of recession thereon. We then provide a rationale to demonstrate why Ireland represents a particularly appropriate setting within which to address the impact of recession and its implications for HRM in MNCs. Subsequently, we briefly describe our methodology and research context, present our findings, provide some analysis and discussion thereof, and finally outline our conclusions.

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Multinational Firms’ Motivations and Foreign Direct Investment Decisions: An Analysis of the Software and IT and Financial Services Sectors in the Irish Context

Cited by 4 publications

References 66 publications

Internationalization of services: The case of intra‐multinational enterprise trade

Internationalization of services: The case of intra‐multinational enterprise trade

Deepening or delinking? Innovative capacity and global value chain participation in the IT industry

Multinational companies and human resource management in Ireland during recession: A retrospective from a highly globalized economy

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