This unique, extensive Handbook illustrates that multinational enterprises can contribute substantially to the competitive advantage of small countries. It advances the notion that small nations increasingly need to rely on both home-grown and foreign multinational enterprises to achieve...

This paper analyzes the drivers of multinational affiliates' R&D intensity, using a unique dataset based on the fourth Community Innovation Survey for Belgium. Specifically, we investigate the role of foreign affiliates' local (host country) embeddedness and of host country spillovers on foreign...

Using the cluster definitions of the European Cluster Observatory, this paper investigates the link between cluster membership and firm-level product innovation and renewal,using data from the Community Innovation Survey for Belgium. Clustered firms account for 71 percent of total product...

This research is about multinational enterprises (MNEs) and their subsidiaries abroad. The specific focus of the research is on the foreign subsidiaries? local embeddedness, global integration and multinational networks. As these linkages vary among subsidiaries and across time, the focal...

This paper uses data from the Community Innovation Survey for Belgium to evaluate to what extent firms located in sectors and regions characterized by high employment concentration (clusters) innovate more. We analyze the innovative performance of Belgian firms in the year 2004 and relate it to...

On the basis of a global firm-level dataset of Chinese and Indian acquisitions, this paper analyzes how country-, industry- and firm-specific determinants affect their location choice. Using conditional logit models, the importance and impact of the market and institutional environment, and the...

This article examines the acquisition behavior of multinational companies from emerging markets (EMNCs) compared to multinational companies from advanced markets (AMNCs). Specifically, we relate the governance mode (i.e. the degree of commitment) to exogenous and endogenous uncertainty. As a...

This paper reflects upon Buckley and Casson's seminal volume The Future of the Multinational Enterprise (1976). Retrospectively, it examines the reasons for the impact of The Future on research in international business, on the one hand, while it reviews the merit of the different chapters in...

In recent decades, the global electronics industry has experienced a large reorganization. U.S. electronics firms have on a large scale off-shored and outsourced their manufacturing activities. Japanese electronics firms have offshored a large portion of their manufacturing, but have remained...