Knowledge is a source of competitive advantage which strengthens multinational corporations' (MNCs) market position, and thus, they set up overseas subsidiaries partly to access other firms' knowledge which resides in local markets. From the MNC viewpoint, due to the innate characteristics of...

We study the effect of the intellectual property rights (IPR) regime of a host country (South) on a multinational's decision between serving a market via greenfield foreign direct investment to avoid the exposure of its technology or entering a joint venture (JV) with a local firm, which allows...

The focus in this paper is on the structure of relationships between business organisations across borders as explored in organisation science, network theory, and the theory of international business. The concept of business networks is thoroughly discussed in the context of the global...

Various arguments have been used to explain Sub-Saharan Africa's economic decline. We find that a stress on investments in education as a prerequisite for more rapid growth is misplaced; that greater openness is far from sufficient to insure economic progress; that income inequality and urban bias...