The Origins of the International Competitiveness of Firms: The Impact of Location and Ownership in Professional Service Industries (New Horizons in International Business Series)
Lilach NachumISBN: 184064012X;
This important book focuses on the impact of home countries on the international competitiveness of Transnational Corporations (TNCs). It seeks to explain the geographic concentration of the most internationally competitive TNCs in many industries in a single or very few countries, and the uneven performance at these concentration points. The theoretical framework for this analysis is based on a link between the location advantages of countries and the ownership advantages of firms. The book focuses on professional service TNCs as the competitive advantages of these firms are based entirely on intangible, often mobile assets, and they thus provide a striking illustration for the ways in which such assets shape the competitiveness of firms. Analyses of TNCs in several professional service industries based in various countries reveal the dynamic balance between the home and the foreign countries in which the TNCs operate, as well as the combination of country- and...
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