This study analyses the causes of British manufacturing investment
overseas, focusing primarily on the period from the mid 1960s to
the mid 1980s. During these years there were significant changes in
UK direct investment and this book represented the first major
analysis of these changes based on detailed case studies of British
international firms. The early chapters assess the available
statistical evidence and the theories of overseas investment that
had hitherto been put forward. The authors emphasize the need for
recognizing the dynamic and varied nature of firms and the
relevance of their historical development in order to understand
business decision-making. Through a detailed consideration of the
activities of a large sample of companies, the book explains why
they manufacture abroad and assesses the overall consequences for
the British economy of its overseas investment.
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