Economics of Science, Technology and Innovation

The Geography of Multinational Firms

Editors: Braunerhjelm, Pontus, Ekholm, Karolina (Eds.)

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About this book

Pontus Braunerhjelm and Karolina Ekholm Over recent decades, foreign direct investment (FDI) has become a major force in the global economy. The geographical pattern of capital formation, trade and technological spillovers across countries and regions, are to an in­ creasing extent determined by the strategies chosen by multinational firms (MNFs). Between 1982 and 1994, the rate of growth of the global FDI stock was more than twice that of gross fixed capital formation, the growth of sales by foreign affiliates of multinational firms well exceeded that of world exports, and, by 1994, the MNFs accounted for approximately 6 percent of world output (United Nations, 1997, pp. xv-xvi). The overall mechanisms behind this rapid internationalization in terms of multinational produc­ tion have been attributed to the dismantling of trade barriers and the deregulation of capital markets, together with the advances in information technology that have facilitated the coordination and monitoring of inter­ nationally dispersed production. This development carries two important implications: First, firms operate in markets characterized by much tougher competition than only a decade ago, and, second, countries and regions are involved in competition for production to a much larger extent than before. This book addresses questions related to the location and geographical dispersion of the activities by multinational firms, a topic which has be­ come of increasing concern to policy-makers.

Table of contents (10 chapters)

Table of contents (10 chapters)

Buy this book

eBook $89.00
price for USA in USD (gross)
  • ISBN 978-1-4615-5675-6
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $169.99
price for USA in USD
  • ISBN 978-0-7923-8133-4
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $119.99
price for USA in USD
  • ISBN 978-1-4613-7598-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
The Geography of Multinational Firms
Editors
  • Pontus Braunerhjelm
  • Karolina Ekholm
Series Title
Economics of Science, Technology and Innovation
Series Volume
12
Copyright
1998
Publisher
Springer US
Copyright Holder
Springer Science+Business Media New York
eBook ISBN
978-1-4615-5675-6
DOI
10.1007/978-1-4615-5675-6
Hardcover ISBN
978-0-7923-8133-4
Softcover ISBN
978-1-4613-7598-2
Series ISSN
1381-0480
Edition Number
1
Number of Pages
XI, 227
Topics