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Locational Advantages for Foreign Direct Investment in Navarre: The Role of Investment Promotion Agencies
Abstract
This study evaluates Navarra's economic performance and examines the factors influencing the decision-making process for business establishment within the region. Despite its relatively small size, Navarre exhibits a high-income level and favorable economic performance. In terms of industry, the region demonstrates high competitiveness in the high-technology sector. This investigation focuses on foreign direct investment in Navarre, which contributes significantly to the region's economic success, and explores the nature of the location advantage in Navarre. As investment promotion agencies play a crucial role in attracting foreign companies to Navarra, this study examines Invest in Navarra, an agency in Navarra, and through interviews with the investment bureau, elucidates how the location advantage is evaluated.
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