Multinationals, Corporate Social Responsibility and Regional Change in Transition Economies
In this chapter, Wrana and Revilla Diez bring the disciplines of international business studies and economic geography closer to each other, by conceptualising how multinational enterprises (MNEs) become institutional entrepreneurs in host regions of transition economies. More precisely, they present and discuss the Corporate Social Responsibility–Regional Industrial Upgrading (CSR-RIU)-model. On the one hand, this conceptual model theorises how global CSR certificates become dispersed into a regional economy, which, in turn, enables local firms to enter MNEs’ value chains. On the other hand, it discusses how MNEs’ local CSR projects in the education sector can improve a region’s human capital base leading to closer collaboration between MNEs, local firms, vocational schools and universities which may boost regional economic development in the long run.
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