In recent years,a considerable body of research has been established on the co-evolution of technology and industry structure, from the time that the technology is young to the time when it is mature· A somewhat smaller body of research has been established on how private and public...

The eclectic paradigm has been one of the leading frameworks for explaining multinational activity over the past two decades. Yet recent trends in international business pose a challenge to the explanatory power of the paradigm. Strategic management theory, with its focus on performance...