Multinationals and Industrial Competitiveness

The late John H. Dunning OBE, former Emeritus Professor of International Investment and Business Studies, University of Reading, UK and Emeritus State of New Jersey Professor of International Business, Rutgers, The State University of New Jersey, Newark, US and Rajneesh Narula, Chair in International Business Regulation, University of Reading, UK

'This book provides an excellent overview of the changing relationship between multinationals and economic development as globalization has taken off, and substantially altered the conditions for catching up as opposed to falling behind. The authors move very effectively between the discussion of concepts that are crucial to understanding such changes, and various empirical evidence on foreign direct investment, trade, inter-firm relationships, institutional settings and competitiveness.'

• Contents: 1. The Multinational Enterprise, Industrial Development and Policy: An Introduction to the Primary Themes of this Volume Part I: MNEs and Industrial Development: Issues Confronting Developing Countries 2. Developing Countries versus Multinationals in a Globalizing World: The Dangers of Falling Behind 3. Industrial Development, Globalization and Multinational Enterprises: New Realities for Developing Countries 4. Incorporating Trade into the Investment Development Path 5. Multinational Firms, Regional Integration and Globalizing Markets Part II: R&D, Alliances and Developed Countries 6. Explaining International R&D Alliances and the Role of Governments 7. Explaining Strategic R&D Alliances of European Firms 8. R&D Collaboration by ‘Stand-Alone’ SMEs: Opportunities and Limitations in the ICT Sector Part III: FDI and Competitiveness 9. Relational Assets: The New Competitive Advantages of MNEs and Countries 10. Regaining Competitiveness for Asian Enterprises 11. The Role of Foreign Direct Investment in Upgrading China’s Competitiveness Index