Most of the twentieth century, relations among multinational companies and the governments of the Least Developed Countries LDCs were seen as conflictive, mainly in the extractive sector, as the former were considered as highly exploitative. However, this vision has evolved by two essential factors: a the acceleration of the process of economic globalization in the last 30 years and b certain advantages LCDs have promoted to foster economic growth at the moment Multinationals Companies MNCs are installed in their territories. The major concern of national governments in the LDCs is that some MNCs have greater influence and negotiation power than governments themselves because of the infrastructure deficiencies and competitive advantages, placing them in an unfavorable position at the time to negotiate with MNCs. This paper tries to identify the bargaining dynamic among multinationals and LDC governments, and the effects on the latter ones. Key words: Foreign Direct Investment, Bargaining strategies, Economic globalization, least development countries, Theoretical approaches.
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Multinational Enterprises in Latin America since the s pp Cite as. It was first introduced by industrial organization theorists and theorists of the firm. Stephen Hymer was the first scholar to apply it to the study of MNEs. IE focused on the export of capital that occurred when a firm initiated a foreign operation and regarded the MNE as a mere arbitrager of equity capital from countries where its return was low to countries where it was high.
This process is experimental and the keywords may be updated as the learning algorithm improves. This is a preview of subscription content, log in to check access. Google Scholar. Richard E. John H. Dunning, Vol. Dunning, New York: Praeger Publishers, , Peter J. CrossRef Google Scholar. James R. Markusen, and Anthony J. Origins, Evolution, and Development , ed. Oliver Williamson and Sidney G. Oliver Williamson, 90— David J. Teece, Managing Intellectual Capital.
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Oliver E. For a more detailed study of industrial organization theory, as developed by Stephen Hymer, see Stephen H. Santos M. Ruesga and Julimar S. The impact of cultural differences in business has generated a great number of studies from an anthropological perspective. Two of the main scholars in this field are Edward Hall, a pioneer in the study of the influence of culture in business, and Geert Hofstede.
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Comprender La Globalizacion (Libros Singulares (Ls)) (Spanish Edition)
An award-winning team of journalists, designers, and videographers who tell brand stories through Fast Company's distinctive lens. Leaders who are shaping the future of business in creative ways. New workplaces, new food sources, new medicine--even an entirely new economic system. For every company, the imperative is to make itself and its products stand out when differences are infinitesimal and needs count less than wants. Fierce competition among companies leads to innovations that, like fashion goods, only have a brief season on the market. Customer choice is dictated more by emotion — in particular mimetic desire — and by aesthetic appeal than by functional considerations. Companies operate more and more as contractors, and work becomes project work: The project-oriented society is here.
Reseña de "Comprender la globalización" de Guillermo de la Dehesa
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Theoretical Considerations and Development of the Model
Sugden and J. There is a popular view that the world is moving towards a 'globalised', 'new' economy, and that this implies a strong role for regionalisation of some form. This paper provides a framework for analyzing and understanding these trends. We offer a conceptualisation of globalisation that captures three widely recognised features: it's cross disciplinary character, its roots in a changing geography, and its association with alterations in transport, information and communication technologies. From this context, it is argued that knowledge and governance are fundamental to the attainment of economic prosperity, and our analysis leads to a distinction between types of globalisation. Acknowledging the disagreement over the role of nations and regions in today's globalisation process, but also recognising the common view that territory is in some sense important, we introduce the notion of locality. The approach is fluid, allowing consideration of different layers of locality and accommodating different communities.