Abstract
The central force driving the views of the Multinational Enterprise (MNE) in the papers that now comprise the core of this book is that of heterogeneity. Thus our view of the processes of globalization, that have conditioned the evolution of the MNE over the past 40 years, is that they have allowed these firms to leverage to greater competitive advantage the differences between locations. This has resulted in MNEs generating heterogeneity in their own increasingly internationally-networked operations. It has also meant that countries (or discrete policy-defined regions within them) have also learnt the benefits of generating differentiated sources of comparative advantage (increasingly deriving from specific institutional and policy arrangements, such as those constituting national systems of innovation).
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Copyright information
© 2009 Marina Papanastassiou and Robert Pearce
About this chapter
Cite this chapter
Pearce, R., Papanastassiou, M. (2009). Subsidiaries, Innovation and the Strategic Development of Multinationals. In: The Strategic Development of Multinationals. Palgrave Macmillan, London. https://doi.org/10.1057/9780230250482_1
Download citation
DOI: https://doi.org/10.1057/9780230250482_1
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-36218-9
Online ISBN: 978-0-230-25048-2
eBook Packages: Palgrave Business & Management CollectionBusiness and Management (R0)