Transnational Corporations最新文献_第5页

From few to many: main trends in the internationalization of business R&D 从少到多:企业研发国际化的主要趋势

Transnational Corporations Pub Date : 2022-04-29 DOI: 10.18356/2076099x-29-1-4

引用次数: 3

The threshold effects of global economic uncertainty on foreign direct investment 全球经济不确定性对外商直接投资的阈值效应

Transnational Corporations Pub Date : 2022-04-29 DOI: 10.18356/2076099x-29-1-3

Konstantinos Lagos, Yuan Wang

{"title":"The threshold effects of global economic uncertainty on foreign direct investment","authors":"Konstantinos Lagos, Yuan Wang","doi":"10.18356/2076099x-29-1-3","DOIUrl":"https://doi.org/10.18356/2076099x-29-1-3","url":null,"abstract":"This paper investigates the role of global economic uncertainty in Dunning’s investment development path (IDP) framework. By applying the dynamic panel threshold model to data from 76 developed and developing countries, we find that countries’ net outward investment (NOI) follows a non-linear pattern even after incorporating global economic uncertainty into the analysis. At the same time, global economic uncertainty has non-linear effects on NOI subject to the level of economic development. More importantly, our results show that NOI is path dependent, with correlation coefficients changing across the different stages of IDP, which implies that uncertainty affects countries’ progression to the next stage of IDP differently. From a policy perspective, our findings call for special attention to policymakers in less developed nations. Even though global economic uncertainty may not always have a negative effect or may even improve a country’s NOI for a while, it may deter the international expansion of local firms. In the presence of high global economic uncertainty, local firms are less likely to become outward foreign direct investors, which implies stagnation in internationalization.","PeriodicalId":40060,"journal":{"name":"Transnational Corporations","volume":"21 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-04-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79770413","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Overcoming institutional voids in the home country for internationalization: an exploratory examination of institutional strategies of Indian MNEs 克服母国国际化的制度空白:印度跨国公司制度战略的探索性考察

Transnational Corporations Pub Date : 2021-12-22 DOI: 10.18356/2076099x-28-3-4

Rishika Nayyara, Rajdeepa Maityb

{"title":"Overcoming institutional voids in the home country for internationalization: an exploratory examination of institutional strategies of Indian MNEs","authors":"Rishika Nayyara, Rajdeepa Maityb","doi":"10.18356/2076099x-28-3-4","DOIUrl":"https://doi.org/10.18356/2076099x-28-3-4","url":null,"abstract":"This study draws upon the institution-based view to examine the role of market and non-market institutional strategies of multinational enterprises from emerging markets (EMNEs) in shaping their decisions on outward foreign direct investment (OFDI) (decision to engage in OFDI and volume of investment). The proposed conceptual framework is tested on the OFDI decisions of listed Indian firms during the period 2008–2018. The results of random effects logistic regression and tobit regression provide robust evidence for the positive impact of institutional substitution and institutional signaling strategy on the decision to engage in OFDI as well as the volume of investment. An institutional borrowing strategy affects only the decision to engage in OFDI, whereas an internalization strategy does not help EMNEs while internationalizing. The study contributes to the literature on institutional voids and institutional escapism by identifying the strategies that facilitate overseas expansion. It adds to the EMNE literature, which has focused lately on explaining the role of non-market strategies in internationalization. The results of the study indicate the need for policy initiatives geared towards filling information voids, strengthening legal systems and development of credit markets.","PeriodicalId":40060,"journal":{"name":"Transnational Corporations","volume":"67 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91264263","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

World Investment Forum 2021: insights from the Academic Track and a future research agenda 2021年世界投资论坛:来自学术轨道的见解和未来的研究议程

Transnational Corporations Pub Date : 2021-12-22 DOI: 10.18356/2076099x-28-3-5

James Bolwijn Richard Santos-Paulino Amelia U. Zhan

{"title":"World Investment Forum 2021: insights from the Academic Track and a future research agenda","authors":"James Bolwijn Richard Santos-Paulino Amelia U. Zhan","doi":"10.18356/2076099x-28-3-5","DOIUrl":"https://doi.org/10.18356/2076099x-28-3-5","url":null,"abstract":"The United Nations Conference on Trade and Development (UNCTAD) has contributed during the last three decades to research and policy analysis on foreign direct investment (FDI), activities of multinational enterprises (MNEs), international production and the development impact of all three. In 2020 UNCTAD's World Investment Report (WIR) marked its 30th year. The report features the latest global investment trends and prospects, highlights the key emerging policy issues and dives deep into the fundamental themes of FDI and development. Through its policy analysis and recommendations over the past three decades, the WIR has helped define and redefine mainstream investment policymaking at national, regional and global levels. The World Investment Report 2020 presents an overview of three decades of international production. It coincided with the beginning of a new era for the global economy marked by COVID-19. The analysis describes how the pandemic accelerated pre-existing trends by affecting international production systems. Tougher competition for FDI -- especially in manufacturing, growing economic nationalism and the new industrial revolution make it more challenging for developing economies to participate in global value chains (GVCs) and thus require a new investment for development path.","PeriodicalId":40060,"journal":{"name":"Transnational Corporations","volume":"39 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75842320","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Green lemons: overcoming adverse selection in the green bond market 绿柠檬:克服绿色债券市场的逆向选择

Transnational Corporations Pub Date : 2021-12-22 DOI: 10.18356/2076099x-28-3-2

引用次数: 2

Exports, trade costs and FDI entry: evidence from Japanese firms 出口、贸易成本和外国直接投资进入:来自日本公司的证据

Transnational Corporations Pub Date : 2021-12-22 DOI: 10.18356/2076099x-28-3-1

引用次数: 2

A reassessment of UNCTAD’s transnationality indices in the digital economy 重新评估贸发会议在数字经济中的跨国指数

Transnational Corporations Pub Date : 2021-12-22 DOI: 10.18356/2076099x-28-3-10

引用次数: 2

Evidence-based policymaking in a VUCA world VUCA世界中的循证决策

Transnational Corporations Pub Date : 2021-12-22 DOI: 10.18356/2076099x-28-3-8

引用次数: 4

Investing in sustainable infrastructure: new directions for international business research 投资于可持续基础设施:国际商业研究的新方向

Transnational Corporations Pub Date : 2021-12-22 DOI: 10.18356/2076099x-28-3-7

引用次数: 3

Harnessing power within global value chains for sustainable development 利用全球价值链中的力量促进可持续发展

Transnational Corporations Pub Date : 2021-12-22 DOI: 10.18356/2076099x-28-3-6

A. V. Assche, Kristin Brandl

引用次数: 7