The Nature of the Transnational FirmChristos Pitelis, Roger Sugden Psychology Press, 1991 - 220 էջ The enormous size of transnational firms and the nature of their activities make them an obvious cause of concern for consumers, other producers, nation states and international organizations. This text argues that the increased importance of the study of trans- or multi-national firms within economic research reflects another significant change - the rise of the internationalization of markets. According to this, transnationals arise because of the existence of market failures, more specifically, the relatively high costs attached to market transactions. It is argued that such costs are internalized by the transnational, which thus can be seen as an institutional device for economizing on market transaction costs. This book presents a variety of perspectives on the nature of the transnational firm. |
Բովանդակություն
1 The theory of the transnational firm | 1 |
2 A survey of theories of international production | 10 |
3 A critical reevaluation of Hymers contribution to the theory of the transnational corporation | 58 |
4 Transaction costs theory and the multinational enterprise | 73 |
5 The eclectic paradigm of international production | 121 |
6 The resourcebased approach to multinational enterprise | 142 |
7 Strategic management and transnational firm behaviour | 165 |
8 Divide and rule by transnational corporations | 177 |
An allweather company | 196 |
Name index | 213 |
| 217 | |
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abroad activity alternative analysis approach argued assets associated bargaining become Buckley Cambridge Cantwell capital Casson choice companies comparative competition considered contracts corporations countries direct direct investment divide domestic Dunning eclectic Economic effective efficient entry evidence example exchange existing expansion explain exploit factors firm foreign growth Hymer important increase industry innovation institutional integration internalisation International Business international production investment issue Japanese joint ventures Journal knowledge labour less licensing literature London Management manufacturing market power MNCs MNEs mode Multinational Enterprise nature noted oligopolistic operations opportunities organisation organization ownership advantages Oxford paradigm particular Penrose perspective plant position possible potential problems profits reasons reduce relative resource-based result share specific strategies structure Studies suggests technological tend theory trade transaction costs transfer transnational types unions University Press vertical workers World