Multinational Strategy and Industrial Transformation

Julia Manea and Robert Pearce

Chapter 1 in Multinationals and Transition, 2004, pp 1-27 from Palgrave Macmillan

Abstract: Abstract That ‘the role of foreign direct investment in aiding the regeneration of the shattered economies of East and Central Europe’ (Buckley, 1996) was an important early perception of the debate following the collapse of authoritarian centrally-planned regimes is well-understood. Indeed documentation and analyses of foreign direct investment (FDI) contributed significantly to the preliminary elaboration of these concerns. We argue here, however, that (mirroring the crucial refocusing of analytical context pioneered by Hymer [1960/1976]) the relevance of FDI flows to the processes at issue can only be fully comprehended through an understanding of the strengths and motivations of the agents responsible for them, that is multinational enterprises (MNEs). The strategic roles played by MNEs’ operations in transition economies are here viewed as central to the nature of their contribution to the industrial restructuring necessary in these countries. The increasingly heterogeneous nature of the globalized activity of MNEs emphasizes the range of these potential roles, and therefore the crucial importance to host countries of the types of operations they can attract.

Keywords: Foreign Direct Investment; Host Country; Transition Economy; Industrial Transformation; Creative Transition (search for similar items in EconPapers)
Date: 2004
References: Add references at CitEc
Citations:

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

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:pal:palchp:978-0-230-51181-1_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230511811

DOI: 10.1057/9780230511811_1

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 ().