Abstract
Introducing marketing explicitly into the internalization theory of the multinational enterprise considerably extends the power of the theory. In particular, it enables a comparison of marketing-led and technology-led multinationals, and highlights the benefits of collaboration between them. It facilitates the analysis of outsourcing, and in particular of R & D. It highlights the importance to marketing-led firms of owning product rather than facilities. The analysis addresses key issues relating to ‘hollow firms’, ‘flagship firms’ and the ‘global factory’.
| Original language | English |
|---|---|
| Title of host publication | The Multinational Enterprise |
| Subtitle of host publication | Theory and History |
| Editors | Mark Casson |
| Publisher | Edward Elgar |
| Chapter | 3 |
| Pages | 77-111 |
| Number of pages | 35 |
| ISBN (Electronic) | 9781788110068 |
| ISBN (Print) | 9781788110051 |
| DOIs | |
| Publication status | Published - 23 Feb 2018 |
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