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I analyse firms organisational choices when they face uncertainty about institutional conditions in foreign locations with heterogeneous final good producers and incomplete contracts. As firms learn about the conditions abroad, the increasing offshoring activity increases competition in the...
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Contents: 1. Multinationals: -- in theory and practice -- 2. From FDI to the MNE: -- Hymer and the roots of ownership … economies: a new challenge of practice to theory -- 9. Evaluating the multinationals: -- a coda -- Index. … interacted with the enrichment of theory on the topic. Secondly, by tracing the persisting dynamics of the MNE's structure and …
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