Multinational Firms: The Global-local Dilemma

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John H. Dunning, Jean Louis Mucchielli
Routledge, 2002 - Business & Economics - 221 pages
At the turn of the century, questions about multinational firms' strategies as regards the forces, on the one hand, of globalization and, on the other hand, of the regional and local dimensions are very much to the fore. What are the new constraints and the new theories to explain global-local multinationals' strategies at the beginning of this new era?
Understanding multinationals' strategies is an essential task, but the range of strategies is not simple or homogenous; they are increasingly complex, the outcomes of different logics and different choices. Since the 1980s, new economic areas have been created - the EU, MERCOSUR, ASEAN, NAFTA - there has also been the integration of Eastern European countries following the lifting of the iron curtain. A real movement of regional integration has been witnessed in these areas, which has modified firms' strategies. But simultaneously there has been another factor: the global or regional dimension is one determinant, but there is also the local dimension, for example in production siting.
This volume presents the work of internationally renowned specialists on multinational strategy, addressing the main questions about globalization, firms' and countries' competitiveness, the impact of regionalism, agglomeration and industrial clustering, oligopolistic interactions, mode of entry, strategic location choice and relocation and public aid. This book is the first volume presenting the outstanding work from the Seventh Sorbonne International Conference on Multinational Firms' Strategies.

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About the author (2002)

John Dunning has revealed some of book collecting's most shocking secrets in his bestselling series of crime novels featuring Cliff Janeway: "Booked to Die", which won the prestigious Nero Wolfe award; "The Bookman's Wake", a "New York Times" Notable Book of 1995; and the "New York Times" and "Book Sense" bestsellers "The Bookman's Promise", "The Sign of the Book", and "The Bookwoman's Last Fling". He is also the author of the Edgar Award-nominated "Deadline", "The Holland Suggestions", and "Two O'Clock, Eastern Wartime". An expert on rare and collectible books, he owned the Old Algonquin Bookstore in Denver for many years. He is also an expert on American radio history, authoring "On the Air: The Encyclopedia of Old-Time Radio". He lives in Denver, Colorado.

Visit his website at www.oldalgonquin.com.

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