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Incorporating essays from over thirty years, this book contains key
writings by the authors on the future of the multinational
enterprise. Along with their seminal writings, a new introduction
and conclusion are included to tie these pieces together in a
comprehensive overview of the theory of the multinational
enterprise.
The history of entrepreneurship is an exciting new area of research
that deepens our understanding of the roots of industrialization
and economic growth. This book links entrepreneurship to business
history, identifying the institutions which encourage
entrepreneurship and emphasising the importance of small and big
businesses, from the medieval period to modernity. Covering the
period c.1200-c.2000, this book examines entrepreneurship in a
long-run historical perspective, investigating the characteristics
of successful entrepreneurs and identifying the conditions which
encourage entrepreneurship. The multiple case studies, spanning
many sectors, highlight the achievements of a range of individuals,
including media moguls, female investors and Quaker chocolate
manufacturers. The entrepreneurial activities discussed include
property speculation, which has been conducted throughout history
by medieval monks as well as Victorian master builders. This book
sets out an agenda for future research on the role of
entrepreneurship in the development of the modern economy. It
explores the impact of entrepreneurship on innovation and growth
and displays the trajectory of a culture of creativity.
The key writings by the authors on the future of the multinational
enterprise published over the last thirty years. It contains
seminal pieces with a new introduction and conclusion to tie these
pieces together in a comprehensive overview of the theory of the
multinational enterprise.
This seminal book has revolutionised the field of international
business. Presenting the core theory of the multinational
enterprise based on the internalisation of imperfect markets and
the minimisation of location costs, The Future of Multinational
Enterprise has inspired both theoretical and empirical research on
the global economy. In addition it has influenced company strategy
and economic policy at local, national, regional and international
levels. Its insights into company strategy and global policy remain
compelling.
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