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The Dynamics of Differentiation: The Resource Bases of Development and the Roles of MNE Subsidiaries
Ist Teil von
Contemporary Issues in International Business, 2018, p.153-170
Ort / Verlag
Switzerland: Springer International Publishing AG
Erscheinungsjahr
2018
Link zum Volltext
Quelle
Alma/SFX Local Collection
Beschreibungen/Notizen
The chapter investigates the roles of MNEs in national economic development. This is an interaction of two multidimensional processes wherein countries pursue sustainable and deepening national development, and MNEs seek to develop global competitive networks. Countries can build on three levels of resource; non-renewable primary resources, standardised but improvable inputs, and creative knowledge and resources that can generate new competitive possibilities. The MNEs’ commitment to an economy can evolve as its resource base changes in response to developmental potentials and pressures. Two indications are drawn for development policy. Firstly, countries should seek to steer their resource base towards more internationally competitive capacities. Second, governments need to understand the MNEs’ strategic diversity and dynamic impulses.