The paper analyses the new trend of outward foreign direct investment (FDI) by multinational companies from emerging countries, in particular the BRICs, in developed countries to question the applicability of the traditional HOS theoretical framework to this trend. A literature review shows that...

The paper is focused on the internationalisation process of the Italian firms within the textile-clothing industry. According to the economic literature on this topics, the Italian industry, as well as the textile-clothing sector, seem to be a follower, as far as the internationalisation process...