The Multinational Enterprise and the Emergence of the Global Factory

by Buckley, Peter J.

• ISBN13: 9781137402363
• ISBN10: 1137402369
• Format: Hardcover
• Copyright: 2014-11-21
• Publisher: Palgrave Macmillan

Summary

The Multinational Enterprise and the Emergence of the Global Factory brings together research papers on three of the most important empirical and theoretical issues in the global economy. The first is the rise of the 'global factory', the dispersed network controlled by the multinational enterprise (MNE) consisting of a constellation of linked entities, orchestrated by the local firm. The second section of the book examines the growth of foreign direct investment (FDI) from emerging economies. These economies, particularly China and India, are a growing and significant source of FDI in the world economy, therefore deeming a thorough exploration. The third part looks at key recent developments in the theory of international business which are the institutional approach to FDI and the MNE, and the increasing integration of geographical and spatial concepts into international business theory. The fourth and final section ends the collection by examining UNCTAD's World Investment Report (WIR) over its first 20 years.

Author Biography

Peter J. Buckley is one of the world's leading academics in the area of International Business. He is currently Professor of International Business and Director of the Centre for International Business at the University of Leeds, UK.

Table of Contents

Introduction and Overview
PART I: INTERNALISATION THEORY AND THE GLOBAL FACTORY
1. International Integration and Coordination in the Global Factory
2. Marketing and the Multinational: Extending Internalisation Theory, (co-author Mark Casson)
3. Risk and Uncertainty in Internationalisation and International Entrepreneurship Studies Review and Conceptual Development (co-authors Peter S Liesch and Lawrence W. Welch)
4. Organizing the Modern Firm in the Worldwide Market for Market Transactions (co-authors Peter S. Liesch, Bernard L. Simonin and Gary Knight)
5. Meta-analytic Research in International Business and International Management (co-authors Timothy M. Devinney and Ryan W. Tang)
PART II: FDI FROM EMERGING COUNTRIES
6. FDI From Emerging to Advanced Countries: Some Insights on the Acquisition Strategies and on the Performance of Target Firms (co-authors Stefano Elia, and Mario Kafouros)
7. The Impact of Home Country Institutional Effects on the Internationalization Strategy of Chinese Firms (co-authors Hinrich Voss and Adam R Cross)
8. Host-home Country Linkages and Host-home Country Specific Advantages as Determinants of Foreign Acquisitions by Indian Firms (co-authors Nicolas Forsans and Surender Munjal)
PART III: SPATIAL AND INSTITUTIONAL ANALYSIS OF MNES
9. Combinations of Partners' Joint Venture Formation Motives (co- authors Elko Klijn, Jeffrey J. Reuer, Keith W. Glaister)
10. The Effects of Global Knowledge Reservoirs on the Productivity of Multinational Enterprise: The Role of International Depth and Breadth (co-authors Jeremy Clegg and Mario Kafouros)
11. Japanese Foreign Direct Investment in India: An Institutional Theory Approach (co-authors Adam Cross and Sierk Horn)
12. Realised Absorptive Capacity, Technology Acquisition, and Performance in International Collaborative Formations: An Empirical Examination in the Korean Context (co-author Byung Il Park)
13. The Spatial Redistribution of Japanese Direct Investment in the United Kingdom between 1991 and 2010 (co-authors Adam Cross and Sierk Horn)
PART IV: POLICY ANALYSIS
14. Twenty Years of the World Investment Report: Retrospect and Prospects