Multinational Enterprises in Less Developed Countries: Cultural and Economic Interactions

Peter J. Buckley and Mark Casson
Additional contact information
Peter J. Buckley: University of Bradford Management Centre

Chapter 3 in Studies in International Business, 1992, pp 30-57 from Palgrave Macmillan

Abstract: Abstract This chapter analyses the operations of multinational enterprises (MNEs) in less developed countries (LDCs) in terms of the interplay between two types of culture. The MNE, it is claimed, personifies the highly entrepreneurial culture of the source country, while the LDC personifies the less entrepreneurial culture of the typical social group in the host country. This view places MNE-LDC relations in an appropriate historical perspective. It is the entrepreneurial culture of the source country which explains why in the past that country had the economic dynamism to become a developed country (DC). Conversely, the limited entrepreneurial culture of the host country explains why it has been so economically static that it has remained an LDC. The current problems perceived by MNEs in operating in certain LDCs — and also the problems perceived by these LDCs with the operation of foreign MNEs — reflect the difficulties of attempting to bridge this cultural gap.

Keywords: Host Country; International Business; Source Country; Multinational Enterprise; Voluntary Association (search for similar items in EconPapers)
Date: 1992
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Chapter: Multinational Enterprises in Less Developed Countries: Cultural and Economic Interactions (2010)
Chapter: Multinational Enterprises in Less Developed Countries: Cultural and Economic Interactions (1991)
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:pal:palchp:978-1-349-12174-8_3

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349121748

DOI: 10.1007/978-1-349-12174-8_3

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().