Progress in Remote Sensing and GIS-Based FDI Research Based on Quantitative and Qualitative Analysis

Abstract

Foreign direct investment (FDI) by transnational companies (TNCs) is the primary indicator of urban globalization. The initial publication on the topic of remote sensing and geographic information system-based urban globalization research was published in 1981. However, the number of publications on this topic remains relatively limited. Despite some advances in the field in recent decades, there is currently no comprehensive review of related research, and it is not clear how the different perspectives and views have been developed. Furthermore, previous literature reviews on the utilization of remote sensing and GIS technology in urban development have predominantly employed quantitative methodologies, which has resulted in a paucity of qualitative analysis. In order to address these shortcomings, this paper employs a mixed-methods approach, integrating quantitative and qualitative analyses. This entails the utilization of a combination of the scientometric method and a qualitative literature review method. The findings are as follows: (1) The number of publications is still relatively limited, and research in this area is still in its infancy. (2) Some of the articles are evidently interdisciplinary in nature. (3) Progress has been made in terms of geographic visualization of FDI, macro-environmental research at different scales, global value chains, the micro-geography of TNCs, and globalization of the geo-information industry. (4) The spatial and temporal development pattern, location, and accessibility of FDI have constituted a significant area of research interest in the past. Similarly, the relationships between FDI and regional development, urban growth, land use, and environmental change have emerged as prominent research directions. China’s Belt and Road Initiative is an emerging popular topic. (5) In recent years, there has been a notable increase in the number of papers employing multi-source data and multi-method approaches. (6) The extent of research collaborations between countries is relatively limited, with the majority of such collaborations occurring within the past five years. Finally, based on these research findings, this paper suggests future research directions.