This paper presents empirical evidence to assess the extent to which multinational corporations are deriving an increasing share of their competitive advantages from abroad. The evidence is analyzed in the context of the Porter diamond, incorporating both firm, industry and national level...

This article concerns some personal recollections of the author about Steven Hymer, and of his contributions to the theory of foreign direct investment, and of the role of MNEs in economic development, between 1962 and 1973.

It is a cliche to say that we live in a globalized world in which investment flows, communications and the operations of multinationals from all parts of the world have changed the character of the international business environment. But the easy concept of globalization poses as many questions...

What are the links between the impact of increasing globalization and the advent of the knowledge economy on the spatial distribution of economic activity? How can we explain the paradox of growing transnationalization of the production of goods and services and the tendency for certain kinds of...

What are the links between the impact of increasing globalization and the advent of the knowledge economy on the spatial distribution of economic activity? How can we explain the paradox of growing trans-nationalization of the production of goods and services and the tendency for certain kinds...

This article argues that a focus on the institutional underpinnings of multinational enterprise (MNE) strategy and behavior is not only consistent with the emerging literature on dynamic capabilities, but it also serves to highlight the unique role played by MNEs in generating new organizational...