Distance-Related Barriers and the Internationalization of Finnish MNEs
Sarianna Lundan
Chapter 5 in Transnational Corporations and Transnational Governance, 2015, pp 115-144 from Palgrave Macmillan
Abstract:
Abstract The first great unbundling (Baldwin, 2006) took place during the industrial revolution, when it first became possible to produce goods in a location that was different from where they were consumed. This process facilitated economic agglomeration and led to the development of large cities, which in turn allowed for more specialization within specific regional areas. The process of specialization was based on local advantages, some of which were geographical in origin, while others developed more by accident, dependent on the location of individual entrepreneurs.
Keywords: Foreign Direct Investment; Host Country; Parent Company; Cultural Distance; Entropy Measure (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-46769-0_5
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DOI: 10.1057/9781137467690_5
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