Subnational Location Capital: The Role of Subnational Institutional Actors and Socio‐spatial Factors on Firm Location
通过六家跨国公司的案例研究，探讨次国家级制度行为者如何通过结构、关系和认知三个维度为企业创造区位资本，帮助企业获得知识、市场等优势。
Abstract Firms do not simply locate, but rather seek to accrue location‐based advantages such as knowledge, market insidership and resource utilization. Adopting the lens of social capital, this paper explores how subnational institutional actors facilitate location capital for firms. Using qualitative case study analysis of six multinational companies (MNCs), we highlight the important role of subnational institutional actors in fostering three dimensions of subnational location capital – structural, relational and cognitive. We show that subnational location capital, defined as the economic and social assets accessible through relationships within a subnational location, enable firms to derive advantages via subnational engagement. These findings contribute to the growing literature on the dynamic interaction of firms with subnational location, particularly the nuanced role of subnational institutional actors with MNCs.