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Multinational Enterprises From Small Economies
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Download or read book Global Goliaths written by James R. Hines and published by Brookings Institution Press. This book was released on 2021-04-20 with total page 585 pages. Available in PDF, EPUB and Kindle. Book excerpt: How multinationals contribute, or don't, to global prosperity Globalization and multinational corporations have long seemed partners in the enterprise of economic growth: globalization-led prosperity was the goal, and giant corporations spanning the globe would help achieve it. In recent years, however, the notion that all economies, both developed and developing, can prosper from globalization has been called into question by political figures and has fueled a populist backlash around the world against globalization and the corporations that made it possible. In an effort to elevate the sometimes contentious public debate over the conduct and operation of multinational corporations, this edited volume examines key questions about their role, both in their home countries and in the rest of the world where they do business. Is their multinational nature an essential driver of their profits? Do U.S. and European multinationals contribute to home country employment? Do multinational firms exploit foreign workers? How do multinationals influence foreign policy? How will the rise of the digital economy and digital trade in services affect multinationals? In addressing these and similar questions, the book also examines the role that multinational corporations play in the outcomes that policymakers care about most: economic growth, jobs, inequality, and tax fairness.
Book Synopsis Handbook on Small Nations in the Global Economy by : D. van den Bulcke
Download or read book Handbook on Small Nations in the Global Economy written by D. van den Bulcke and published by Edward Elgar Publishing. This book was released on 2009 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: These studies of the international competitiveness of small open economies demonstrate the critical importance of foreign direct investment as an engine of economic development: multinational enterprises are the key drivers of international competitiveness. Alan M. Rugman, University of Reading, UK Globalization has made every country small . The global economic crisis has made sure that every country has increasingly realised that it is open and vulnerable as well. This volume is both timely and relevant. Small country studies should become mainstream for scholars in business, economics and politics! Rob van Tulder, RSM Erasmus University, the Netherlands This book provides a fresh and clear-eyed view of the relationship between multinationals and location advantages of countries. It is one of the first attempts to build a constructive bridge between the theory of international business and the outstanding contribution of Michael Porter about the drivers of competitiveness. The authors address crucial issues demanding the attention of teachers, researchers, practitioners and political leaders. Philippe Gugler, University of Fribourg, Switzerland This unique, extensive Handbook illustrates that multinational enterprises can contribute substantially to the competitive advantage of small countries. It advances the notion that small nations increasingly need to rely on both home-grown and foreign multinational enterprises to achieve domestic economic success in industries characterized by international competition. The expert contributors explore the roles of firms in a range of small, successful open economies driven by such multinational enterprises across the globe. They juxtapose country data sets against Professor Michael Porter s paradigm of single diamond components and show that these single diamond components reflect merely a set of initial conditions, which can be improved upon through both inward and outward direct investment. Concluding that multinational enterprises create resource linkages between the home and host environments in which they operate, this Handbook proves to be a fascinating read for academics, students and researchers with an interest in business and management, economics and international economics.
Book Synopsis Multinational Corporations and Local Firms in Emerging Economies by : Eric Rugraff
Download or read book Multinational Corporations and Local Firms in Emerging Economies written by Eric Rugraff and published by Amsterdam University Press. This book was released on 2011 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: In order for foreign direct investment to have deep and lasting positive effects on host countries, it is essential that multinational corporations have close direct and indirect interaction with local firms. A valuable addition to the emerging literature on multinational-local firm interfaces, this book provides a number of case studies from emerging economies that examine such mutually beneficial business relationships and the policy measures necessary to support them.
Book Synopsis Small and Medium-Sized Enterprises in the Global Economy by : Zoltan J. Acs
Download or read book Small and Medium-Sized Enterprises in the Global Economy written by Zoltan J. Acs and published by University of Michigan Press. This book was released on 2010-08-10 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneurship and globalization are two much-examined forces as we enter the new millennium--yet very little has been published on the intersection of small and medium-sized enterprises (SMEs) and the global economy. To close the gap, this volume delves into the intricate roles and consequences of such businesses on both global and domestic economies. The first part of the volume provides an overview of the phenomenon of globalization, arguing that entrepreneurial discovery and technological change lead to globalization, which in turn leads to further opportunity for entrepreneurial discovery--no less for SMEs than for multinational corporations. In part two, the essays examine the role of SMEs in the global economy and why they are thriving. Part three reviews the roles of SMEs and innovators and examines their roles in direct foreign investment. Part four explores the role of technological diversity and knowledge spillovers as a way to explain the superior innovative performance of SMEs. Part five looks at the role of SMEs in technology transfer. Finally, part six examines the theoretical and policy implications of the international activities of SMEs, suggesting that policies should aim to reduce the costs in international expansion for SMEs. This volume will provide the foundation for further study in SMEs and globalization. It will appeal to scholars and students in both international business and economics. Zoltan J. Acs is Professor of Economics and Finance, University of Baltimore. Bernard Yin Yeung is Professor of International Business, University of Michigan.
Book Synopsis Multinational Enterprises and the Global Economy by : John H. Dunning
Download or read book Multinational Enterprises and the Global Economy written by John H. Dunning and published by Addison Wesley Publishing Company. This book was released on 1992 with total page 712 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprehensive and far-reaching study on the interaction between the trans-border activities of corporations and the Nation States in which they operate.
Book Synopsis Globalization and its opportunities for small- and medium-sized enterprises by : Christoph Lohrmann
Download or read book Globalization and its opportunities for small- and medium-sized enterprises written by Christoph Lohrmann and published by GRIN Verlag. This book was released on 2015-08-18 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2013 in the subject Economics - International Economic Relations, grade: 100%, University of Sussex, language: English, abstract: Small- and medium-sized companies (SMEs) represent about 95% of enterprises in Europe, with a high amount of small companies ranging between 22% - 66% as well as high importance all over the globe. Nevertheless, the sector of SMEs has been ignored and poorly understood for many decades. Eventually, a research conducted by the economist David Birch published in 1979 revealed that especially SMEs are responsible for economic growth in general and are the prime source for job creation, accounting for up to 60% of the overall employment. As a result, the OECD considers them to be the core for economic growth and the dominant form of businesses worldwide in the future, acknowledging the importance of SMEs within global economy. Knowledge about small- and medium-sized enterprises has become even more important due to the fact that the interest of small firms to operate on foreign markets increased in the last decades. This essay depicts the characteristics of small- and medium-sized companies, compares it to multinational companies (MNCs) to determine advantages as well as disadvantages and, finally, examines certain opportunities for SMEs offered by globalization and internationalisation.
Book Synopsis Multinational Enterprises in Emerging Markets by : Yadong Luo
Download or read book Multinational Enterprises in Emerging Markets written by Yadong Luo and published by Copenhagen Business School Press DK. This book was released on 2002 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Multinational Enterprises in Emerging Markets aims at providing international managers with a series of lessons on how to reap maximum returns while mitigating related hazards arising from economic, regulatory and socio-cultural environments in emerging markets. Unlike other books, which tend to be very general in offering these lessons, Yadong Luo explicates the issues concretely, comparatively, and thoroughly."
Book Synopsis Multinational Enterprises from Small Economies by : Gabriel R. G. Benito
Download or read book Multinational Enterprises from Small Economies written by Gabriel R. G. Benito and published by . This book was released on 2001 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyzing the internationalization of large companies from small countries requires understanding the process of internationalization by examining the interface between micro (firm strategies) and macro (the forces of centripetal and centrifugal) level factors. We examine the growth and international expansion of the ten largest companies in Denmark, Finland, and Norway over the period 1990 to 1999. Most companies in the sample became more international during the last decade across basically all the investigated dimensions of internationalization. This was particularly accentuated in the case of Norwegian firms, possibly due to their lower degree of internationalization at the beginning of the period. The study also shows that companies mainly have internationalized their operations activities, while such strategic activities as research and development activities and headquarters functions to a much larger extent are kept in the home country.
Book Synopsis Multinational Restructuring, Internationalization and Small Economies by : Thomas Andersson
Download or read book Multinational Restructuring, Internationalization and Small Economies written by Thomas Andersson and published by Routledge. This book was released on 2005-08-31 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much of the existing literature on multinational companies has been concerned with firms originating in the world's largest economies. This book redresses the situation by presenting important information on the internationalization of a small country's industry. Multinational Restructuring, Internationalization and Small Economies goes beyond traditional studies of foreign direct investment. By using detailed data covering practically all Swedish multinationals and more than two decades of expansion in international markets, the authors describe, interpret and analyse issues which are normally difficult to investigate.
Download or read book Making It Big written by Andrea Ciani and published by World Bank Publications. This book was released on 2020-10-08 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic and social progress requires a diverse ecosystem of firms that play complementary roles. Making It Big: Why Developing Countries Need More Large Firms constitutes one of the most up-to-date assessments of how large firms are created in low- and middle-income countries and their role in development. It argues that large firms advance a range of development objectives in ways that other firms do not: large firms are more likely to innovate, export, and offer training and are more likely to adopt international standards of quality, among other contributions. Their particularities are closely associated with productivity advantages and translate into improved outcomes not only for their owners but also for their workers and for smaller enterprises in their value chains. The challenge for economic development, however, is that production does not reach economic scale in low- and middle-income countries. Why are large firms scarcer in developing countries? Drawing on a rare set of data from public and private sources, as well as proprietary data from the International Finance Corporation and case studies, this book shows that large firms are often born large—or with the attributes of largeness. In other words, what is distinct about them is often in place from day one of their operations. To fill the “missing top†? of the firm-size distribution with additional large firms, governments should support the creation of such firms by opening markets to greater competition. In low-income countries, this objective can be achieved through simple policy reorientation, such as breaking oligopolies, removing unnecessary restrictions to international trade and investment, and establishing strong rules to prevent the abuse of market power. Governments should also strive to ensure that private actors have the skills, technology, intelligence, infrastructure, and finance they need to create large ventures. Additionally, they should actively work to spread the benefits from production at scale across the largest possible number of market participants. This book seeks to bring frontier thinking and evidence on the role and origins of large firms to a wide range of readers, including academics, development practitioners and policy makers.
Book Synopsis The Multinational Enterprise in Developing Countries by : Rick Molz
Download or read book The Multinational Enterprise in Developing Countries written by Rick Molz and published by Routledge. This book was released on 2013-06-25 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: A key distinctive feature of Multinational Enterprises (MNEs) as organizations resides in the fact that they span across borders. This exposes them to dissimilar and often unfamiliar social and economic conditions as they venture in foreign countries. MNEs from industrialized economies that are active in developing countries and emerging markets face particularly challenging hurdles due to both economic and institutional discrepancies between their home and host countries. This book focuses on the uneasy interaction between the traditional logics of developing countries and the economic logic of MNEs. The traditional logics of most developing countries are built around community-based legitimacy and an intuitive but concrete epistemology. Conversely, the economic logic of MNEs from developed economies is built around technical and economic legitimacy and an abstract intellectual epistemology. Unpacking the uneasy interactions between these two logics will help achieve MNEs’ objectives of competitiveness in developing countries as well as globally. The Montreal Local Global Research Group is a well recognized research group in formulating and researching local and global issues in strategic management from the perspective of integrating divergent dominant logics into the strategy conceptualization process, and this will be the first book to be dedicated to the study of the interaction between the traditional logic of developing country and the economic logic of Multinational Enterprise (MNE). The cultural diversity of the contributing authors and the multidisciplinary approach offers a fresh perspective from which to explore beneficial corporate and local strategies that promote long-term economic growth consistent with local traditional and cultural norms. This collection will be primarily of interest to scholars of international business, international development, and economics. Furthermore, this book is immediately relevant to decision makers in Multinational corporations, NGOs and political decision makers that mediate the interaction between local actors and corporate agents in developing and transitional economies.
Book Synopsis The Global Factory by : Peter J. Buckley
Download or read book The Global Factory written by Peter J. Buckley and published by Edward Elgar Publishing. This book was released on 2018-02-23 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: This key new book synthesises Peter Buckley's work on ‘the global factory’ – the modern networked multinational enterprise. The role of interfirm networks, entrepreneurship and cooperation in the creation and management of global factories leads to a discussion of their governance, internal knowledge transfer strategies and performance, including their role in potentially combating societal failures. Emerging country multinationals are examined as a special case of global factories with a focus on Indian and Chinese multinationals, their involvement in tax havens and offshore financial centres, the performance and processes of their acquisition strategies – all seen as key aspects of globalisation.
Book Synopsis Handbook of Emerging Market Multinational Corporations by : Mehmet Demirbag
Download or read book Handbook of Emerging Market Multinational Corporations written by Mehmet Demirbag and published by Edward Elgar Publishing. This book was released on 2015-02-27 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook of Emerging Market Multinational Corporations focuses on why emerging market multinationals internationalize, how they do so and the advantages they explore and exploit as they internationalize. The Handbook highlights the requirement for
Book Synopsis The Role of Multinational Enterprises in Globalization by : Jörn Kleinert
Download or read book The Role of Multinational Enterprises in Globalization written by Jörn Kleinert and published by Springer Science & Business Media. This book was released on 2004 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economics and Management of Small Business by : Graham Bannock
Download or read book The Economics and Management of Small Business written by Graham Bannock and published by Routledge. This book was released on 2004-08-02 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the seemingly relentless march of the multinationals, small businesses continue to thrive across the globe and form a vital part of all successful economies. The Economics and Management of Small Business provides an international perspective on this important topic, and includes many useful pedagogical features such as questions for discussion, international case-studies and empirical research. Graham Bannock's accessible writing style is key to the reader gaining a good understanding of this important area, and students of small business and entrepreneurship courses will find this book extremely useful.
Book Synopsis Small and Medium-sized Enterprises and the Global Economy by : Gerald I. Susman
Download or read book Small and Medium-sized Enterprises and the Global Economy written by Gerald I. Susman and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization has jarred the traditional role and competitiveness of small- and medium-sized enterprises. This masterful volume comprises leading scholars, policy makers and business leaders who have new insights and strategies for SMEs creating opportunities rather than being victims of globalization. The result is a breakthrough in our understanding of entrepreneurship in the global context. David B. Audretsch, Indiana University, Bloomington, US and WHU, Germany Small and medium-sized enterprises (SMEs) often have difficulty competing in the global economy unless they collaborate with domestic or foreign partners or with public sector organizations. This book addresses the resource leverage and innovation challenges that increased global trade represents for SMEs. In doing so, it explores how SMEs can become more competitive at home and in foreign markets as stand-alone firms or as members of supplier and customer networks. SMEs are turning increasingly to innovation as a source of competitive advantage in order to protect their home markets and participate in expanding foreign markets. The contributors to this volume leading experts in entrepreneurship, innovation, and international business provide in-depth coverage of the most compelling issues facing SMEs. These include: innovation as a competitive strategy, network dynamics, ways to leverage technology, internationalization, and the role of the public sector in helping SMEs to overcome resource deficiencies. This comprehensive look at SMEs in the global marketplace will be of great interest to academics who study entrepreneurship, innovation, or international business, officials from public sector agencies with responsibility for helping SMEs to internationalize and become more innovative, and senior executives of SMEs or executives of larger companies who are considering collaboration with SMEs.
Book Synopsis Multinationals and Development by : Alan M. Rugman
Download or read book Multinationals and Development written by Alan M. Rugman and published by Yale University Press. This book was released on 2008-10-01 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aiming to offer a fresh perspective on the role of multinational enterprises (MNEs) in development, Rugman and Doh challenge traditional assumptions about economic development and address the controversies that surround MNEs, for example, how they affect overall economic growth in emerging economies.
