The influence of Brexit on FDI and the opportunities for the province of North-Brabant
The departure of the United Kingdom from the European Union, also known as Brexit, has far-reaching economic effects, and can be described as a geopolitical disruption or shock-event. The resulting trade agreements also has effects for Foreign Direct Investments (FDI). This thesis explores how Brexit affects FDI and what the resulting opportunities are on a more regional scale; in this case North-Brabant. The three main theoretical concepts of the thesis include resilience, the OLI-paradigm of Dunning and competitive advantages by Porter. Both qualitative (interviews with experts and firms) and quantitative methods (a dataset) were used in the research. One of the main findings were that most of the FDI since the trade deal has been in the market access category and to a lesser extent in the technology access category. The significance of the market access category can be attributed to the several non-tariff barriers that have limited the ability for firms in the UK to do business in the EU. The logistical qualities and location of North-Brabant in combination with the presence of several relevant clusters (in the life-sciences and high-tech among others) result in a competitive region with regards to Brexit-related FDI.
Faculteit der Managementwetenschappen