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A Longrun Theory of the Multinational Enterprise
Alternative Theories of the Multinational Enterprise
The Worlds Largest Firms
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activities advantages analysis argued assets associated average capital-intensive cent Chapter coefficient communication costs comparative advantage competitive concentration conglomerate correlations currency D-intensive firms D-intensive industries degree of multinationality developing countries diversification economic economic rent exploitation exports firm-specific firm's foreign direct investment foreign firms foreign investment foreign penetration growth and profitability growth of MNEs host governments hypothesis imperfect incentive increase innovation intermediate products internal market internalisation of knowledge internalisation of markets intra-firm investor involves Japanese location strategy Luxembourg manufacturing marginal cost measured ment Multinational Enterprise Netherlands Non-electrical non-US oligopolistic oligopoly operations optimal scale organisation parent PC theory percentage perfect competition portfolio post-war predicts price-taker ratio regions relatively research-intensive industries returns to scale risk sample significant skilled labour space race stages of production subsidiaries suggests Switzerland Table tend tion transfer pricing transport United Kingdom US-based MNEs variables vertical integration West Germany