Description
Book SynopsisThis path-breaking book examines the effects of multinationals on the competitiveness of industry in the UK. The in-depth investigation analyses how these firms gain access to technology and questions whether or not multinationals, in their support of local technologies, improve the potential and competitiveness of local industry.
The book discusses the evolution of multinationals in the late twentieth century, the role of the UK in this evolution and the theories of multinationals. It examines what these theories imply for efficiency and welfare, and the policies which affect multinational enterprises (MNEs). The authors consider the strategic positioning of subsidiaries in the UK in relation to the firm's overall global investment strategy. Using detailed empirical surveys, they also look at the role of technology in multinationals and how these firms' strategies are developing in regard to this. The authors examine whether MNEs UK operations are dependent on existing technology or whether they play a more positive role in its local creation and use. Finally the role of decentralized R&D in multinationals, and the status of this in the UK, is considered.
Multinationals, Technology and National Competitiveness will be welcomed by those interested in international investment, business strategy, technology and innovation and public policy.
Trade Review'Multinationals, Technology and National Competitiveness
is one of the first extensive analyses of the R&D activities of MNE subsidiaries in the UK and provides new insights into the role of the UK as an attractive location for advanced corporate scientific research. . . . The authors have marshalled a substantial body of survey data using rigorous analytical techniques and soundly-based economic analysis in producing a well-written and persuasive case accessible to both academics and a broader non-specialist readership.' -- Robert Read, The Business Economist
Table of ContentsContents: 1. Multinationals and Industrialisation 2. Roles of Subsidiaries and MNE Evolution 3. Roles and Markets of Subsidiaries in the UK 4. Technology in Subsidiaries 5. Multinationals’ Research and Development in the UK 6. Roles and Motivations of MNE Laboratories 7. Scientific Collaborations of MNE Research Laboratories in the UK 8. Subsidiaries’ Linkages with UK Input Suppliers 9. Multinationals and National Competitiveness References Index
