Multinational Firms, Cooperation and Competition in the World Economy

This innovative book contains key works which examine the current operations of large firms in the global economy. It explores vital areas of international strategy such as knowledge management, international transfer pricing, international joint ventures and alliances, and issues of cross-border governance. All of this is accomplished within a consistent theoretical framework--the celebrated internalization theory of the multinational firm, and this is extended to encompass current issues such as coping with volatility in the modern world economy and the search for flexible strategies by multinational firms.