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Asia is one of the most dynamic regions in the world, but with
local business condition changing fast since the 1997 crisis, the
strategies and roles of multinationals in the region have also had
to evolve rapidly.
This innovative book provides a greater understanding of the relationships between transnational corporations and the economic development of host economies. In the age of globalisation, awareness of the mechanisms through which foreign firms impact on host countries is crucial. The emphasis lies on backward linkages and knowledge transfer to local firms. The book offers a theoretical framework for the activities of TNCs and a review of their impacts on South East Asian economies. The author conveys in-depth information, using extensive data collected from transnational corporations in the Malaysian electrical and electronics sector. A unique approach is adopted by presenting factors explaining the existence as well as the degree of knowledge transfer through backward linkages. To date, no other study has provided a full range of data - qualitative and quantitative - on the existence, as well as the degree, of backward linkages' transfer. Academics, practitioners and students of international business studies, international development and Asian studies will find Transnational Corporations, Technology and Economic Development of great interest, as will business school libraries in European, North American and Asian universities.
Adopting an international business perspective, this book surveys recent business developments in Asia, and the activities of multinational firms in the region, focusing in particular on the changing nature of organizational and institutional relationships, including intra- and inter- organizational relationships, business relationships with institutions, and relationships with stakeholders. The international team of contributors discuss the current and future trends in a wide range of business sectors across the region, as well as assessing how the nature of multinationals' activities in the region is changing as the business environment evolves and becomes more globalized.
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