Creative Transition and the Role of MNE Subsidiaries in Host-Country Industrialization
Robert Pearce and
Marina Papanastassiou
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Robert Pearce: University of Reading
Marina Papanastassiou: Copenhagen Business School
Chapter 2 in The Strategic Development of Multinationals, 2009, pp 21-42 from Palgrave Macmillan
Abstract:
Abstract A very pervasive characterization of Multinational Enterprises (MNEs) is that their operations are innately ‘footloose’, with limited embeddedness in individual host countries. From this can be derived the presumption that MNEs are unlikely to be able to provide support for sustained processes of national industrial development and growth. Thus many of those host-country characteristics that are normally believed to attract new ‘inward investment’ are also intended to change as the host economy proceeds through those processes of development whose initiation the MNE’s original commitment was designed to be part of.
Keywords: Host Country; Local Input; Subsidiary Role; Creative Transition; Entrepreneurial Management (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-25048-2_2
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DOI: 10.1057/9780230250482_2
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