MNEs and development: a review and reconceptualization
Abstract
In this paper, we review and critique two prominent theories in the international business and international economics literatures regarding the role of multinational enterprises (MNEs) in host country development: the "spillovers" perspective on the impact of MNE investment in host countries and the liabilities of foreignness (LOF) view that specifies the constraints MNEs must overcome to succeed in local, developing country markets. We then propose an alternative conceptualization of MNE-host country relations in which MNEs and local nongovernmental organizations (NGOs) pursue collaborative relationships that make a positive, collective contribution to host country development and to MNE and NGO strategic goals in ways that neither sector is positioned to do alone.Download Info
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Bibliographic Info
Article provided by Elsevier in its journal Journal of World Business.
Volume (Year): 44 (2009)
Issue (Month): 2 (April)
Pages: 108-120
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Related research
Keywords: Economic development Liabilities of foreignness (LOF) Economic spillovers Multinational enterprises (MNEs) Nongovernmental organizations (NGOs);References
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- Ralf Barkemeyer, 2011. "Corporate perceptions of sustainability challenges in developed and developing countries: constituting a CSR divide?," Social Responsibility Journal, Emerald Group Publishing, vol. 7(2), pages 257-281, July.
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