This paper focuses on asset-seeking FDI where foreign TNCs tap into localised technological sources in order to augment their own firm-specific competencies. We use unique firm-level data from majority-owned foreign affiliates (MOFAs) located in West Sweden and investigate their technology...

The globalization of a firm is a time-consuming and incremental process similar in nature to the internationalization process. We adapt the Uppsala Internationalization Process Model ([Johanson and Vahlne, 1977] and [Johanson and Vahlne, 2009]) to explain the globalization process. We define...