Economic growth ; Globalization ; Investment ; Mexico ; Mexico City ; Real estate market
Since the beginning of 2000 real estate economy is transforming from a locally embedded industry into a globally oriented one. Investments in real estate are bound less and less to local or national markets, but are expanding worldwide
. In particular the convergence of capital and real estate markets, the deregulation of national financial systems, new investment strategies and vehicles have led to rising cross-border investments. Once dominated by local competitors, markets throughout
Development ; Economic development ; Economy ; Investment ; Malaysia ; Regional development ; Technology
a long inflow of foreign direct investment was not able to develop innovative capabilities. The main activities among Penang multinational firms are still focussed on assembly. The regional innovation system is still of the global and dirigiste style
, investment and consumption. The concept goes back to the growth theories where the take-off was the beginning of a successful development. In the paper different concepts to classification of emerging economies and their importance are introduced
productions has become easier today, the road towards efficient innovation systems however is still long. The essay demonstrates that some emerging economies, close up to innovative countries because of their accumulation of capital, their investments