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Location and the Multinational Enterprise

Journal of international business studies, 2009-01, Vol.40 (1), p.35-41 [Peer Reviewed Journal]

Copyright 2009 Academy of International Business ;Academy of International Business 2009 ;ISSN: 0047-2506 ;EISSN: 1478-6990 ;DOI: 10.1057/jibs.2008.82

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Title:
Location and the Multinational Enterprise
Author: Cantwell, John
Subjects: Business ; Business and Management ; Business innovation ; Business strategies ; Business Strategy/Leadership ; Business structures ; Business studies ; Commentary ; Competitive advantage ; Corporate strategies ; Foreign direct investments ; Geodetic position ; Innovations ; International Business ; International market ; Knowledge ; Knowledge transfer ; Location of industry ; Management ; Market entry ; Multinational corporations ; Multinational enterprises ; Organization ; Strategic planning ; Studies ; Subsidiaries ; Subsidiary companies ; Technological innovation
Is Part Of: Journal of international business studies, 2009-01, Vol.40 (1), p.35-41
Description: In the early development of the international business field, the focus of attention moved from the country level to the firm level, and interest in location issues declined. More recently, firm-based research has itself become increasingly concerned with the study of firm-location interactions. When examining two-way knowledge flows or spillovers between multinational enterprises (MNEs) and other actors in specific locations, the diversity or heterogeneity of firms matters, as does the diversity of locational environments. The localization of knowledge sources depends on MNE group-level strategies for growth and organizational decentralization, on subsidiary-level evolution towards local competence-creating efforts, and on the development of suitable business networks within locations. MNEs now have a greater potential to benefit from a synergistic locational portfolio of complementary sources of knowledge. The locational composition of the international network for knowledge sourcing of a given MNE depends upon the extent of institutional compatibility between the locations in which the MNE is active. This compatibility between locations in turn affects the capacity of the MNE to become an insider in local business systems, and to influence the local institutional environment.
Publisher: London: Palgrave Macmillan
Language: English
Identifier: ISSN: 0047-2506
EISSN: 1478-6990
DOI: 10.1057/jibs.2008.82
Source: RePEc
ProQuest Central

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Location and the Multinational Enterprise

Copyright 2009 Academy of International Business ;Academy of International Business 2009 ;ISSN: 0047-2506 ;EISSN: 1478-6990 ;DOI: 10.1057/jibs.2008.82

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