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In recent years there has been a spectacular growth in the technological capabilities of developing countries and in outward direct investment from firms based in these countries. "Technological Innovation and Third World Multinationals" argues that these phenomena are related. The emerging technological capabilities of Third World firms are allied to the cumulative growth of their outward direct investment. The existence and accumulation of technological capabilities is thus a determinant as well as an effect of their international production activities. Evidence is presented on the unique, innovative activities of MNEs from Asia and Latin America which, although at an early stage, have become increasingly important as international production evolves and as developing countries advance through higher stages of industrial development.
The ACADEMY OF INTERNATIONAL BUSINESS (UK and Ireland Chapter) Published in association with the UK and Ireland Chapter of the Academy of International Business Reflecting the aim of the 43rd AIB-UKI Conference on re-invigorating the still faltering global economy, this new book brings together fresh and interdisciplinary perspectives on avenues for further advancing the growth of international enterprises and the global economy. Growth Frontiers in International Business includes contributions from a diverse number of established and emergent IB scholars, who richly illustrate contemporary international business growth frontiers. The book presents discussion and thought into four main foci; policy frontiers, emerging market frontiers, innovation pathways and ethical growth avenues.
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