Global advantage of Bangalore as a location choice for knowledge‐based industries in India
In: Regional science policy and practice: RSPP, Band 14, Heft 2, S. 328-351
ISSN: 1757-7802
AbstractAttractive locations based on geographic, environmental and strategic factors stimulate the concentration of economic activities, leading to urban spatial growth (Hariharan & Biswas, 2020). The onset of the knowledge‐based information and communication technology (KBICT) revolution credits the liberalization of India's economy from the early 1980s. The advent of liberal policies in the early 1990s stimulated foreign direct investment (FDI) in Bangalore City, attributed to its environmental and geographic location advantages. Recognition of Indian skill and talent helped generate more than US$ 100 billion in export revenue and the regional diffusion of FDI, enabling competitiveness in the regional aggregation of KBICT industries. This article analyses the regional distribution of FDI through Dunning's framework.