Globalisation, Global Business and Transnational Corporations
AbstractThe process of globalization should be conceptualized as a complex interaction between transnational corporations (TNCs) and the state that occurs in the context of the dynamic technological environment. Although TNCs have an extremely important role in globalization, they have not superseded other traditional economic institutions, especially the state. The localization of economic activities remains fundamental, because every economic activity must be grounded in specific locations.
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Bibliographic InfoArticle provided by Institute of Economic Sciences in its journal Economic Analysis.
Volume (Year): 40 (2007)
Issue (Month): 1-2 ()
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Globalisation; transnational corporations; localisation; clusters;
Find related papers by JEL classification:
- F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
- F2 - International Economics - - International Factor Movements and International Business
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