Transnational Corporations And International Production


Transnational Corporations And International Production

Concepts, Theories and Effects, Second Edition

9780857932273 Edward Elgar Publishing
Publication Date: 2012 ISBN: 978 0 85793 227 3 Extent: 288 pp

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A concise and authoritative upper level undergraduate and postgraduate text for international business and business economics courses.

This comprehensive critical analysis of concepts, theories and effects relating to transnational corporations will prove to be an invaluable learning tool to post graduate and advanced undergraduate students across a broad section of disciplines including business/international business, economics, international relations, and development studies. Thoroughly revised and updated, the second edition of this highly acclaimed textbook includes new features such as deeper analysis of evolutionary theories, a discussion of Penrose and of the network theory, and an additional chapter on innovation effects. Lecturers and researchers wishing to familiarize themselves with the theoretical developments of the subject will find this book to be an effective and informative teaching resource.
Critical Acclaim
‘This remarkable book constitutes a rich and, at the same time, highly accessible contribution to the study of transnational corporations (TNCs). It is written in clear language and provides a comprehensive and detailed overview, as well as a thoughtful critical analysis, of TNC concepts, theories and impact, with specific attention to international production process. . . Ietto-Gillies offers an outstanding and rigorous critical analysis of the main forces behind the development of TNCs and their growing role in capitalistic systems. She provides thoughtful and interesting insights on the convergence of different theoretical frameworks on the determinants and effects of the operations of TNCs, placing them in the wider picture in which the social and economic circumstances are always taken into account. This book is a unique and durable point of reference for both research and teaching in the field of international business, and for the latter purpose it has an excellent didactic structure.’
– Simona Iammarino, Regional Studies

‘. . . an updated and illuminating analysis of the main forces behind the development of transnational corporations. . .’
– Nicola Acocella, University of Rome ‘La Sapienza’, Italy

‘In the second edition of her authoritative book, this prominent figure in the study of transnational corporations has achieved an excellent job. . .’
– Wladimir Andreff, University of Paris 1 Panthéon Sorbonne, France

‘Do we really need a specific theory to interpret transnational. . .corporations. . . The answer is yes and this brilliant and inspiring book by Grazia Ietto-Gillies explains why.’
– Giovanni Balcet, University of Turin, Italy

‘. . . Brilliant analyses and comparisons of basic theories in the field.’
– Mats Forsgren, Uppsala University, Sweden

‘. . . a truly complrehensive perspective of the development on the theory of transnational corporations. . . It is a marvellous and admirable work.’
– Masahiko Itaki, Ritsumeikan University, Japan

‘. . . offers vibrant insights on the convergence of different theoretical strands on the emergence, role and effects of transnational corporations. . .’
– Lucia Piscitello, Politecnico di Milano, Italy

‘From my experience students like it as it enables them to capture in a short time the gist of a variety of theories and offers them useful conceptual perspectives. . .’
– Slavo Radosevic, University College London, UK

‘. . . this book will be the outstanding choice.’
– Mohammad Yamin, The University of Manchester, UK

‘This is an excellent book which dares to accomplish a challenging mission.’
– Antonello Zanfei, University of Urbino, Italy
Contents: Preface to the Second Edition Preface to the First Edition Introduction Part I: Evolution and Concepts 1. Evolution and Concepts Appendix to Chapter 1: Definitions and Data Issues Part II: Pre-WWII Approaches to International Investment Introduction to Part II 2. Marxist Approaches 3. Foreign Investment Within the Neoclassical Paradigm Part III: Modern Theories Introduction to Part III 4. Hymer’s Seminal Work 5. The Product Life Cycle and International Production 6. Oligopolistic Reactions and the Geographical Pattern of FDI 7. Currency Areas and Internationalization 8. Internalization and the Transnational Corporation 9. Dunning’s Eclectic Framework 10. Stages in the Internationalization Process: The Scandinavian School 11. Evolutionary Theories of the TNC 12. New Trade Theories and the Activities of TNCs 13. Transnational Monopoly Capitalism 14. Nation-states and TNCs’ Strategic Behaviour 15. Resources, Networks and the TNC Part IV: Effects Introduction to Part IV 16. Boundaries in the Assessment of Effects 17. Innovation and the TNCs 18. Effects on Labour 19. Effects on Trade 20. Effects on the Balance of Payments Reference Index
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