This book explores some aspects of the interface between technology, competitiveness and the role of multinational enterprises in the world economy. This group of essays stresses the role of asset creation and usage, rather than reliance on natural factor endowments as a basis for national competitiveness and examines the role of multinational enterprises as vehicles for technological transfer, and the efficient co-ordination of economic activity across national boundaries.
This book explores some aspects of the interface between technology, competitiveness and the role of multinational enterprises in the world economy. This group of essays stresses the role of asset creation and usage, rather than reliance on natural factor endowments as a basis for national competitiveness and examines the role of multinational enterprises as vehicles for technological transfer, and the efficient co-ordination of economic activity across national boundaries.
This book provides an excellent overview of the changing relationship between multinationals and economic development as globalization has taken off, and substantially altered the conditions for catching up as opposed to falling behind. The authors move very effectively between the discussion of concepts that are crucial to understanding such changes, and various empirical evidence on foreign direct investment, trade, inter-firm relationships, institutional settings and competitiveness. John Cantwell, Rutgers University, US The globalisation of the world economy has undermined many of the old certainties regarding foreign direct investment flows. Dunning and Narula use the concepts of alliance capitalism and technological evolution to analyse recent trends in international business. They identify the challenges to government policymakers from regional integration, and the consequent intensification of political competition to attract high-technology investment. This masterful and incisive analysis brings great clarity to perplexing issues, and delineates a cogent industrial policy agenda for a globalised economy. Mark Casson, University of Reading, UK 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.
This book explores how companies combine technological innovation and competitive actions that create new opportunities for business growth in the international market. The complexity of designing today’s technology platforms requires profound knowledge in multiple areas. Technology development and commercialization as an ongoing competitive process involves enabling and inhibiting mechanisms, which govern the speed and acceleration of technological innovation. To compete more effectively, potential competitors are using coopetition and pooling their resources for shared gain in areas where they do not compete directly. Thus, a thorough examination of the current paradigms, theories, and frameworks is needed to increase our understanding of the technology-innovation-competitiveness linkages of business growth. This book brings together recent developments and methodological contributions within technological innovation, international competitiveness, and business growth that bridge the existing gaps and simultaneously advances the debate on this research topic.
This book examines the changing character of commercial technology development and diffusion in an integrated global economy and its implications for U.S. public policies in support of technological innovation. The volume considers the history, current practice, and future prospects for national policies to encourage economic development through both direct and indirect government support of technological advance.
This book examines those countries of Southern Europe influenced by the phases of European construction and countries of Latin America where the opening up process has changed the traditional role played by multinational corporations.
The aim of this book is to contribute to a better understanding of those intermediate countries with specific reference to two relevant international areas; those countries of southern Europe whose dynamic is very much influenced by the phases of European construction, and in countries of Latin America where the opening up process has changed the traditional role played by multinational corporations.
The technological revolution has reached around the world, with important consequences for business, government, and the labor market. Computer-aided design, telecommunications, and other developments are allowing small players to compete with traditional giants in manufacturing and other fields. In this volume, 16 engineering and industrial experts representing eight countries discuss the growth of technological advances and their impact on specific industries and regions of the world. From various perspectives, these distinguished commentators describe the practical aspects of technology's reach into business and trade.
