This paper was written by Raymond Vernon for the conference, “Mapping the Multinationals,” organized by Bruce Mazlish and Alfred Chandler in October 1999. Professor Vernon died on August 26, 1999, at the age of 85, before the paper was finished and presented. It was the last paper he wrote....

Intro -- Contents -- Preface -- 1. SETTING THE CONTEXT: Multinational Enterprises in a System of Nation-States -- A Rough Take-off for the Multinationals -- Calibrating the Multinationals' Importance -- Multinationals' Behavior in International Markets -- The Challenge: Accommodating...