“…Yet, following the seminal insights of Krugman (1991aKrugman ( , 1991b, Porter (1990), Glaeser et al (1992) and Scott (1988), identifying which are the "correct" city-region choices for MNEs typically requires us to step out of the traditional "O"and "I"-dominated lines of IB thinking and to explore the evidence emerging from economic geography regarding the dynamics of the wider geographical context. Issues regarding different notions of distance (Beugelsdijk et al, 2017;Boschma, 2007), local patterns of technological relatedness (Boschma and Iammarino, 2010), the nature of knowledge diffusion processes (Ortega-Argilés, 2012;Cozza et al, 2012;Prenzel et al, 2017), cities and agglomeration-related knowledge spillovers (Iammarino and McCann, 2013), local entrepreneurial settings (Acs et al, 2015) and the quality of local governance systems (Charron et al, 2013;Ascani et al, 2016), are all nowadays regarded as being important influences on both the MNE location decision and also the decisions regarding the specific role of each MNE subsidiary. In turn, the renewed interest on the role played by tradeables, as well as connectivity in driving the performance of places, has also spurred interest on the part of economic geographers regarding the investment drivers of MNEs (Dimitropoulou et al, 2013;Wren and Jones, 2012) and the consequence for local economic development and territorial equality (Crescenzi and Iammarino, 2017).…”