Multinational enterprises play a vital role in the economic activity of most developing countries. In India MNE affiliates dominate whole sectors of industry - such as plastics and pharmaceuticals - characterised by a high degree of product differentiation, complex technology and high skill intensity. Such advantages, combined with intangible assets, centralised decision making and global outlook lead to a divergence of approach between MNEs and their local counterparts in host developing countries.
This book analyses the inter-industry pattern of MNEs in India in the framework of the...

Technology, Market Structure and Internationalization discusses the domestic and external factors that impinge upon the process of technological capability building in developing countries and draws policy implications. Specifically, it examines the interaction between technological effort in developing countries. Providing fresh insights, this volume will be of interest to researchers in development economics as well as to those involved with the creation of policy in developing countries.

In this book, Nagesh Kumar and expert contributors examine and explain the emerging patterns in international technology transfers and foreign direct investment flows (FDIs) over the past two decades. They analyse the trends in internationalization of corporate activity in individual source countries, discussing outflows from both major and emerging source countries. This departs from the existing treatments of FDI as homogenous resource and allows for a more detailed prediction of future outflow patterns. Throughout, the research focuses upon the implications of new trends for developing...

The rich industrialized countries are insisting that the World Trade Organization (WTO) not only launch a new round of world trade negotiations, but that rules restricted to trade issues now be extended to protect foreign direct investment. Developing countries would consequently be unable to protect their own business sectors and determine their own policies towards foreign capital. The authors explain the North's determination to give privileged protection to overseas investments by their transnational corporations. In particular, they focus on the WTO's General Agreement on Trade in...