An investigation into medium-sized multinational enterprises

Maria Musca and Daniele Schiliro'

MPRA Paper from University Library of Munich, Germany

Abstract: The paper provides an investigation of medium-sized Italian industrial enterprises that have become multinational companies. It concetrates on the set of medium and medium-large enterprises who seem to grow more in foreign markets, either through exports or through foreign direct investment. The work also offers an empirical descriptive picture of the performance of medium-sized Italian multinationals, which is compared with the performance of large corporations. From this analysis, which is based on a number of sources, it is possible to outline a profile regarding the medium-size italian multinational enterprises, as to understand the complex strategy towards internationalization of these companies, where the dimension of production is important and, therefore, innovation has a key role. But where also the commercial dimension is crucial, because it leads to point to the direct supervision of foreign markets and to look very carefully to customers, offering them a wide range of services. Finally, the paper points out some critical issues that the medium sized multinational enterprises have to face to compete such as the stagnant productivity, the high taxation, the insufficient institutional support for internationalization, the bureaucracy and its high costs, the lack of skilled human capital available in the labor market due to inadequate policy training.

Keywords: medium-sized Italian enterprises; multinational companies, innovation, internationalization (search for similar items in EconPapers)
JEL-codes: F23 L10 L16 O30 (search for similar items in EconPapers)
Date: 2012-10
New Economics Papers: this item is included in nep-bec, nep-cse and nep-sbm
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https://mpra.ub.uni-muenchen.de/59004/8/MPRA_paper_59004.pdf revised version (application/pdf)

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