Abstract
A very pervasive characterization of Multinational Enterprises (MNEs) is that their operations are innately ‘footloose’, with limited embeddedness in individual host countries. From this can be derived the presumption that MNEs are unlikely to be able to provide support for sustained processes of national industrial development and growth. Thus many of those host-country characteristics that are normally believed to attract new ‘inward investment’ are also intended to change as the host economy proceeds through those processes of development whose initiation the MNE’s original commitment was designed to be part of.
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© 2009 Marina Papanastassiou and Robert Pearce
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Pearce, R., Papanastassiou, M. (2009). Creative Transition and the Role of MNE Subsidiaries in Host-Country Industrialization. In: The Strategic Development of Multinationals. Palgrave Macmillan, London. https://doi.org/10.1057/9780230250482_2
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DOI: https://doi.org/10.1057/9780230250482_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-36218-9
Online ISBN: 978-0-230-25048-2
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