This book offers an important contribution to the contemporary debate on the role of multinational enterprises (MNEs) in economic development in an increasingly globalizing, knowledge-intensive and alliance-based world economy.
Each of the chapters touches upon critical issues now facing the global economy. They also address the growing importance of innovative activities of firms in promoting economic development and industrial restructuring, as well as the role of FDI and cooperative agreements in furthering this goal. Emphasis is placed on the increasingly significant role of national governments in promoting the intellectual capital of their indigenous resources and capabilities, and of inter-firm collaborative alliances. Globalization and technological advances are reconfiguring the ingredients of the competitiveness of firms and nation states. They are emphasizing the increasingly important role of both private and social institutions as determinants of the success of corporations and of the economic development of societies.
Covering a range of issues from economic development, alliance capitalism, government policies, regional integration and industrial development, this authoritative book will greatly appeal to academics and economists, especially those interested in international business and management.
The late John H. Dunning OBE, former Emeritus Professor of International Investment and Business Studies, University of Reading, UK and Emeritus State of New Jersey Professor of International Business, Rutgers, The State University of New Jersey, Newark, US and Rajneesh Narula, Chair in International Business Regulation, University of Reading, UK
Contents: 1. The Multinational Enterprise, Industrial Development and Policy: An Introduction to the Primary Themes of this Volume Part I: MNEs and Industrial Development: Issues Confronting Developing Countries 2. Developing Countries versus Multinationals in a Globalizing World: The Dangers of Falling Behind 3. Industrial Development, Globalization and Multinational Enterprises: New Realities for Developing Countries 4. Incorporating Trade into the Investment Development Path 5. Multinational Firms, Regional Integration and Globalizing Markets Part II: R&D, Alliances and Developed Countries 6. Explaining International R&D Alliances and the Role of Governments 7. Explaining Strategic R&D Alliances of European Firms 8. R&D Collaboration by `Stand-Alone' SMEs: Opportunities and Limitations in the ICT Sector Part III: FDI and Competitiveness 9. Relational Assets: The New Competitive Advantages of MNEs and Countries 10. Regaining Competitiveness for Asian Enterprises 11. The Role of Foreign Direct Investment in Upgrading China's Competitiveness Index