Foreign direct investment (FDI) has soared and multinational enterprises (MNEs) have grown in numbers and complexity as globalization has intensified. This volume takes stock of important new issues relating to FDI and MNEs in a changing world. Contributors are distinguished international business scholars who have written specifically for the book in their areas of expertise. The volume focuses on four key areas: How do managers and firms make internationalization decisions? How does the national origin of MNEs affect their competitive advantages and strategies, particularly those spawned by...

One of the fundamental issues in organization and strategy research is identifying the factors that influence the development of firms over time. The current book introduces a new perspective regarding the firm development process - the Firm Growth Profile (FGP). We define the FGP as: a pattern of growth common to a cluster of firms that take similar actions while retaining a degree of idiosyncraticity. We assert that external factors limit variance in the way firms grow, hence firm development is not a purely idiosyncratic firm-level process, but rather an evolutionary process influenced by...