This book explores some aspects of the interface between technology, competitiveness and the role of multinational enterprises in the world economy. This group of essays stresses the role of asset creation and usage, rather than reliance on natural factor endowments as a basis for national competitiveness and examines the role of multinational enterprises as vehicles for technological transfer, and the efficient co-ordination of economic activity across national boundaries.
1. Introduction. 2. International Business in a Changing World Environment. 3. Market Power of the Firm and International Transfer of Technology. 4. Multinational Enterprises, Technology Transfer and National Competitiveness. 5. Inward Direct Investment from the USA and Europe’s Technological Competitiveness. 6. The Changing Role of MNEs in the Creation and Diffusion of Technology. 7. International Direct Investment in Innovation: The Pharmaceutical Industry. 8. The Consequences of the International Transfer of Technology by MNEs: A Home Country Perspective. 9. Multinational Enterprises, Industrial Restructuring and Competitiveness: A UK Perspective. 10. The UK’s International Direct Investment Position in the Mid-1980s. 11. The Anglo-American Connection and Global Competition. 12. Multinational Enterprises and the Organization of Economic Interdependence.