The paper opens by mapping the changes in the global auto industry in the 1990s, showing how the rapid growth in sales and production between 1990 and 1997 came largely from the emerging markets rather than the Triad regions (North America, the European Union and Japan). However, for some of...

There can be no doubt that the primary beneficiaries of globalisation have been transnational corporations which have seen new rules of economic engagement allow for a widening of trade and manufacturing opportunities. These new rules have been aided by challenges to the established principles...

This paper examines international technology transfers using firm-level data across 43 developing countries. Our findings show that exporting and importing activities are important channels for the transfer of technology. Majority foreign-owned firms are less likely to engage in technological...

This paper examines international technology transfers using firm-level data across 43 developing countries. Its findings show that exporting and importing activities are important channels for the transfer of technology. Majority foreign-owned firms are less likely to engage in technological...

This paper stems from the recognition that, in the current globalized world, the achievement of economic development goals is not necessarily accompanied by improved social conditions, or respect of people's human rights more generally. Through their internal resources and capabilities, which...

This paper examines the role of multinationals and international business in poverty alleviation, based on an analysis of articles in the top journals in business, economics, and policy. We develop a conceptual cross-disciplinary framework that maps and disentangles the impact of different types...

Building on the concept of externalities, we propose an explanation of how multinationals can contribute to the enactment of the United Nations’ Sustainable Development Goals as part of their ordinary investments. First, we suggest grouping the 17 Sustainable Development Goals into six...

This paper analyzes the necessary local conditions required for the existence of positive spillovers from multinationals' entry and it consists of a unified study of absorptive capacities. We start from the idea that FDI speeds up the diffusion of technologies across countries. Yet, the question...

We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between mergers and acquisitions ("M&As") and "greenfield" investment. A simple model captures the key difference between the two types of FDI: unlike greenfield investment, M&As partly...

The stylized literature on foreign direct investment suggests that developing countries should invest in the human capital of their labour force in order to attract foreign direct investment. However, if educational quality in developing country is uncertain such that formal education is a noisy...