TITLE

ENDÜSTRİYEL KALKINMA, KÜRESELLEŞME VE ÇOK ULUSLU ŞİRKETLER: GELİŞMEKTE OLAN ÜLKELER İÇİN YENİ GERÇEKLİKLER

AUTHOR(S)
NARULA, Rajneesh; DUNNING, John H.; KESKİN, Hidayet
PUB. DATE
July 2008
SOURCE
Suleyman Demirel University Journal of Faculty of Economics & Ad;2008, Vol. 13 Issue 2, p415
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Globalization has changed economic realities. First, the competences of multinational enterprises (MNEs) are becoming increasingly mobile and knowledge-intensive. MNEs thus give more attention to the availability and quality of the created assets of alternative locations. Second, among developing countries there are now considerable differences between the "catching-up" countries (e.g. newly industrialized countries) and "falling behind" , less developed countries. These developments have helped change the opportunity sets of both MNEs and host countries. Foreign direct investment (FDI)-based development strategies are now commonplace among less developed countries, but there is also increased competition for the "right" kinds of investment. In general, the balance in bargaining power has shifted in favour of the MNE, and less developed countries increasingly need to provide unique, non-replicable created assets to maintain a successful FDI-assisted development strategy.
ACCESSION #
35447398

 

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