IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-030-31291-6_9.html
   My bibliography  Save this book chapter

Sustainable Location Development: How Do Investment Promotion Agencies Go About Attracting Sustainable Foreign Direct Investment?

In: Emerging Market Multinationals and Europe

Author

Listed:
  • Andreas Breinbauer

    (University of Applied Sciences BFI Vienna)

  • Johannes Leitner

    (University of Applied Sciences BFI Vienna)

  • Katharina Becker

    (University of Applied Sciences BFI Vienna)

Abstract

Both emerging and OECD markets are constantly making efforts to attract foreign direct investment (FDI). Over the past few decades, investment promotion has steadily become more professionalized. This chapter identifies best practice by the investment promotion agencies, which that integrate sustainability most effectively into their FDI promotion policies. The environment for investment promotion agencies is currently undergoing rapid changes, which are giving rise to new business models and practices. At present, the latest generation of IPAs can only be found sporadically around the world: These fourth-phase IPAs take sustainability criteria into account more or less explicitly in their investment promotion activities. Such sustainability criteria relate to economic, social, and environmental factors. Sweden is one of only a few countries worldwide where investment policies are actually based on strategic requirements set out in a national action plan for businesses and human rights. In line with this action plan, the Swedish IPA also implements a strategy of excluding potential projects that do not fulfil the requirements relating to human rights. The Austrian IPA, the Austrian Business Agency, does not focus explicitly on sustainability targets, as this is currently not part of its mandate. As with all other regional investment promotion agencies, its primary goal is to maximize the level of investment.

Suggested Citation

  • Andreas Breinbauer & Johannes Leitner & Katharina Becker, 2019. "Sustainable Location Development: How Do Investment Promotion Agencies Go About Attracting Sustainable Foreign Direct Investment?," Springer Books, in: Andreas Breinbauer & Louis Brennan & Johannes Jäger & Andreas G. M. Nachbagauer & Andreas Nölke (ed.), Emerging Market Multinationals and Europe, pages 143-158, Springer.
  • Handle: RePEc:spr:sprchp:978-3-030-31291-6_9
    DOI: 10.1007/978-3-030-31291-6_9
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-030-31291-6_9. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.