These papers provide an integrated treatment of the theory with its applications for industrial sectors, regions and international business policy. The theory is applied to smaller firms, to co-operative agreements between firms and to exports in the strategy of large multinational firms.

This volume identifies and analyses the crucial issues in the impact of multinational enterprises (MNEs) on less developed countries (LDCs). Although the authors take a variety of wide stances on the important questions a uniformity of approach emerges. The perspective is essentially that of economic analysis but it is enlivened by unorthodox concepts derived from related social science disciplines. The chapters cover the process of development, paying attention to entrepreneurship, cultural factors and management styles and examine the impact on welfare and income distribution in the host...

The book is the culmination of a research effort which spanned all continents and involved a large number of research teams from both the industrialised and developing countries. The book addresses a number of key issues related to technology transfer by small and medium-sized enterprises most especially whether such companies are more effective transferors than larger transnational corporations. A key aspect of the research was the fact that firms in source and host countries were matched to assure a degree of consistency in the firm coverage and their responses.

This seminal book has revolutionised the field of international business. Presenting the core theory of the multinational enterprise based on the internalisation of imperfect markets and the minimisation of location costs, The Future of Multinational Enterprise has inspired both theoretical and empirical research on the global economy. In addition it has influenced company strategy and economic policy at local, national, regional and international levels. Its insights into company strategy and global policy remain compelling.

What is international Business? These and other key questions are answered in this influential book which points to a definitive statement on International Business. Bringing together a variety of different perspectives, this book is a collection of the latest thinking from eminent scholars on the question of international business.