Purpose – This paper aims to analyze regional versus global activities of large firms. We assemble longitudinal data over the 1999-2008 period. Design/methodology/approach – Sales and assets data for the Fortune 500 firms from 1999-2008 were compiled from annual reports of the firms, by...

Purpose – The purpose of this study is to extend the classic country-specific advantage (CSA) – firm-specific advantage (FSA) framework by integrating an institution-based view of CSAs into the discussion of FSAs. In his classic CSA – FSA framework, Rugman suggests that successful...