Re-investment, Survival and the Embeddedness of Foreign-Owned Plants
The paper examines if re-investment by foreign-owned plants embeds these plants leading to higher survival time durations. It utilizes project-based inward investment data for the North-East of England over the period 1985-1998, and finds that plant re-investment increases the median survival duration of a start-up plant by about 50 per cent (from about 9 to 14 years), but only by about 20 per cent for large plants, where most job losses occur.
Link
http://www.ersa.org/ersaconfs/ersa03/cdrom/papers/19.pdf