This comprehensive study of the rise of multinational corporations from emerging economies explores the basis of their success. The need to compete internationally characterizes the current phase of globalization, and drives firms to invest abroad at an early stage of their history. Andrea...

Large Western corporations have long invested overseas to penetrate markets, seek resources, and increase efficiency. After the explosion of inward FDI to the South in the 1990s, it is now the turn of the largest companies from emerging and transition economies, including the so-called BRICs, to...

In this paper, we analyse the potential contribution of the Internet and its commercial application to the development process in poor countries. In historical perspective, the Internet has diffused at a far faster rate than earlier generations of communications technology: from 1990 to early...