TY - JOUR AU - Thrift, Nigel AB - Taylor M. and Thrift N. (1981) British capital overseas: direct investment and corporate development in Australia, Reg. Studies 15, 183–212. Direct investment in Australia by British companies has a number of consequences, both for Britain and for Australia. This paper is an attempt to chart some of these consequences. The deindustralization of Britain is seen as partly due to the export of investment overseas by individual firms. Similarly the level and location of enterprise in Australia is partly due to the pattern of imports and exports of direct investment by overseas firms, including British firms. The growth and development of firms is an obvious crucial link between the origin and destinations of capital and various theories of firm growth and development are therefore examined. The growth and development of two Australian subsidiaries of British firms is then described in order to gain some micro-level understanding of the why and where of direct investment. Finally, the overall implications of this paper are discussed within the context of the costs and benefits to Britain and Australia of the process of direct investment. TI - British capital overseas: Direct investment and corporate development in Australia JF - Regional Studies DO - 10.1080/09595238100185211 DA - 1981-06-01 UR - https://www.deepdyve.com/lp/taylor-francis/british-capital-overseas-direct-investment-and-corporate-development-iTUe3PG6DA SP - 183 EP - 212 VL - 15 IS - 3 DP - DeepDyve ER -