Inward investment attraction and development: Lessons from the Scottish case

The attraction of foreign direct investment has been an important strategic objective for successive UK governments for the past four decades. Within this, Scotland has pioneered in many of the methodological, process, and policy initiatives associated with investment attraction and development. This chapter assesses the evolution of investment strategy in that country and examines the patterns of activity which have emerged. These are evaluated, against the policy goals which were established for foreign investment in Scotland, and various important policy directions for the future are explored.