Multinational Enterprises and the Global Economy / Edition 1

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Overview

This thoroughly updated and revised edition of a widely acclaimed, classic text will be required reading for academics, policymakers and advanced students of international business worldwide. Employing a distinctive and unified framework, this book draws together research across a range of academic fields to offer a synthesis of the determinants of MNE activity, and its effects on the economic and social well-being of developed and developing countries. Unique to the new edition is its focus on the institutional underpinnings of the resources and capabilities of MNEs, and the role of MNE activity in transmitting and facilitating institutional change.
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Product Details

  • ISBN-13: 9780201175301
  • Publisher: Addison-Wesley
  • Publication date: 4/28/1993
  • Series: International Business Series
  • Edition number: 1
  • Pages: 704
  • Product dimensions: 7.79 (w) x 9.56 (h) x 1.62 (d)

Table of Contents

List of figures

List of tables

List of boxes

Pt. I Facts, Theory and History

I Definitions and sources of data 3

2 The extent and pattern of foreign direct investment 17

3 The motives for foreign production 63

4 Theories of foreign direct investment 79

5 The determinants of MNE activity: the OLI paradigm revisited 116

6 The emergence and maturing of international production: an historical excursion 145

Pt. II Inside the Multinational Enterprise

7 Entry and expansion strategies of MNEs 201

8 The organisation of MNE activity: the internal network 233

9 The organisation of MNE activity: the external network 260

Pt. III The Impact of MNE Activity

10 FDI, growth and development 295

11 Technology and innovatory capacity: the role of firms 340

12 Technology and innovatory capacity: the role of government 383

13 Employment and human resource development 414

14 The balance of payments and the structure of trade 463

15 Market structure, performance and business practices 503

16 Linkages, spillovers and clustering 551

17 Distribution of the value added created by MNEs 606

18 Political, cultural and social responsibility issues 637

Pt. IV Implications for Policy

19 Governments and MNE activity: the unilateral response 665

20 Governments and MNE activity: the multilateral response 707

Pt. V Looking Ahead

21 The future of MNEs in a global economy 735

Notes 765

References 817

Index 891

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