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 book brings together the key works on the global factory - a unique approach to the modern global economy that focuses on the orchestrating role of key multinational firms that control an integrated international network of independent firms. This analysis is conducted at global system level, at the level of global value chains and for individual firms. These three levels represent consistent, nested approaches to the analysis of pressing issues of the modern international economy. The Global Factory examines the internalisation theory of the multinational enterprise as it applies to...

The rapid international expansion of Chinese businesses has evoked mixed perceptions in host countries and among policymakers. This volume brings together rigorous studies on the motivation, background, strategy, and impact of Chinese outward foreign direct investment and the emergence of Chinese multinational enterprises (MNEs). It is thus informative for the next wave of academic research on Chinese and emerging market MNEs in international business, political economy, economic geography and political sciences. Together with an original introduction by the editors, this valuable collection...