Multinational Strategies and Developing Countries in Historical Perspective

Geoffrey Jones ()
Additional contact information
Geoffrey Jones: Harvard Business School, Entrepreneurial Management Unit

No 10-076, Harvard Business School Working Papers from Harvard Business School

Abstract: This working paper offers a longitudinal and descriptive analysis of the strategies of multinationals from developed countries in developing countries. The central argument is that strategies were shaped by the trade-off between opportunity and risk. Three broad environmental factors determined the trade-off. The first was the prevailing political economy, including the policies of both host and home governments, and the international legal framework. The second was the market and resources of the host country. The third factor was competition from local firms. The impact of these factors on corporate strategies is explored, as shown in Fig. 1, during the three eras in the modern history of globalization from the nineteenth century until the present day. The performance of specific multinationals depended on the extent to which their internal capabilities enabled them to respond to these external opportunities and threats.

Pages: 58 pages
Date: 2010-03
New Economics Papers: this item is included in nep-cse and nep-his
References: Add references at CitEc
Citations: View citations in EconPapers (10)

Downloads: (external link)
http://www.hbs.edu/research/pdf/10-076.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hbs:wpaper:10-076

Access Statistics for this paper

More papers in Harvard Business School Working Papers from Harvard Business School Contact information at EDIRC.
Bibliographic data for series maintained by HBS ().