Foreign Multinationals in British Manufacturing, 1850–1962

Bibliographic Data

ID8419955
AuthorsFrances Bostock (University of Reading), F A Bostock (University of Reading, corresponding author), Geoffrey Jones (University of Reading)
Year1994
Volume36
Issue1
Pages89-126
Publication date1994-01-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueBusiness History (JOURNAL)
Journal identifiersISSN: 0007-6791 • E-ISSN: 1743-7938
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/00076799400000005
OpenAlexW2093131115
LanguageEN
Citations received20

This essay draws on a new database to describe the dimensions and characteristics of 685 foreign companies which established British manufacturing subsidiaries between 1850 and 1962. The numbers of foreign companies grew from the 1890s, expanded rapidly in the inter-war years, and even more rapidly from the 1950s. The majority were American, and were clustered in chemicals, mechanical and electrical engineering, metal goods, motor vehicles and food products. The majority of foreign firms established greenfield plants in Britain, but there were a significant number of acquisitions from 1900, and this became an important mode of entry from 1950. Many foreign investors were of modest size, and a considerable number of investors were short lived. The majority of factories were always in the south-east of England, but there was a surge of investment in Scotland and Wales after 1945. Foreign-owned companies began to undertake R & D activity in Britain from the inter-war years, and had a notable propensity to engage in foreign trade

Business · Economic history · Economics · Economy · Foreign direct investment · Greenfield project · International trade · Investment (military · Multinational corporation · Political science · Politics · Subsidiary · World War II · Finance · Historical Economic and Social Studies · Italy: Economic History and Contemporary Issues · Law

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