Previous studies of corporate foresight in the automotive industry mainly focused on principal companies (PCs), while studies focusing on local affiliate companies (LACs) are limited, even though LACs play an essential role in dealing with local environmental dynamism. Therefore, this study aims...

Multinational companies (MNCs) from emerging markets (EMs) are new and very dynamic actors on the global scene. Starting from the late 1970s a strand of literature flourished on Third World multinationals (Lall, 1983a). More recently, the increasing expansion abroad by multinationals based in...