Chapter

Multinational Enterprises and the Knowledge Economy: Leveraging Global Practices

Örjan Sölvell and Julian Birkinshaw

in Regions, Globalization, and the Knowledge-Based Economy

Published in print March 2002 | ISBN: 9780199250011
Published online November 2003 | e-ISBN: 9780191596216 | DOI: http://dx.doi.org/10.1093/0199250014.003.0005
 Multinational Enterprises and the Knowledge Economy: Leveraging Global Practices

Show Summary Details

Preview

After an introduction, this chapter has five main sections. Sections (2) and (3) provide a brief review of the existing literature on the knowledge‐based economy, and on the forces for globalization and localization, with the purpose of explaining why the nature of the competitive challenge facing multinational enterprises (MNEs) is changing. Section (4) introduces the concept of global practices as a key driver of firm competitiveness in a knowledge economy. Sections (5) and (6) consider the implications of global practices, first in terms of the evolution of the MNE, and then in terms of the theory of the MNE.

Keywords: globalization; knowledge‐based economy; leverage; localization; market competition; multinational enterprises

Chapter.  9714 words.  Illustrated.

Subjects: International Economics

Full text: subscription required

How to subscribe Recommend to my Librarian

Buy this work at Oxford University Press »

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.