IDEAS home Printed from https://ideas.repec.org/p/hbs/wpaper/10-076.html
   My bibliography  Save this paper

Multinational Strategies and Developing Countries in Historical Perspective

Author

Listed:
  • Geoffrey Jones

    (Harvard Business School, Entrepreneurial Management Unit)

Abstract

This working paper offers a longitudinal and descriptive analysis of the strategies of multinationals from developed countries in developing countries. The central argument is that strategies were shaped by the trade-off between opportunity and risk. Three broad environmental factors determined the trade-off. The first was the prevailing political economy, including the policies of both host and home governments, and the international legal framework. The second was the market and resources of the host country. The third factor was competition from local firms. The impact of these factors on corporate strategies is explored, as shown in Fig. 1, during the three eras in the modern history of globalization from the nineteenth century until the present day. The performance of specific multinationals depended on the extent to which their internal capabilities enabled them to respond to these external opportunities and threats.

Suggested Citation

  • Geoffrey Jones, 2010. "Multinational Strategies and Developing Countries in Historical Perspective," Harvard Business School Working Papers 10-076, Harvard Business School.
  • Handle: RePEc:hbs:wpaper:10-076
    as

    Download full text from publisher

    File URL: http://www.hbs.edu/research/pdf/10-076.pdf
    Download Restriction: no
    ---><---

    Citations

    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Multinational Strategies and Developing Countries in Historical Perspective
      by bbatiz in NEP-HIS blog on 2010-03-22 19:32:59

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Maria Eug?nia Mata & Jos? Rodrigues da Costa & David Justino, 2018. "Finance, a New Old Science," HISTORY OF ECONOMIC THOUGHT AND POLICY, FrancoAngeli Editore, vol. 2018(2), pages 75-93.
    2. Howell, Rachel & van Beers, Cees & Doorn, Neelke, 2018. "Value capture and value creation: The role of information technology in business models for frugal innovations in Africa," Technological Forecasting and Social Change, Elsevier, vol. 131(C), pages 227-239.
    3. Ghassan F. Hanna & Mohamad Saleh Hammoud & Judith A. Russo-Converso, 2014. "Foreign Direct Investment in Post-Conflict Countries: The Case of Iraq s Oil and Electricity Sectors," International Journal of Energy Economics and Policy, Econjournals, vol. 4(2), pages 137-148.
    4. Douglas Dow & Ilya R. P. Cuypers, 2024. "The influence of societal nationalist sentiment on trade flows," Journal of International Business Policy, Palgrave Macmillan, vol. 7(1), pages 64-98, March.
    5. Andrew C. Godley & Haiming Hang, 2016. "Collective financing among Chinese entrepreneurs and department store retailing in China," Business History, Taylor & Francis Journals, vol. 58(3), pages 364-377, April.
    6. Wim Naudé, 2017. "Cities and Entrepreneurs over Time: Like a Horse and Carriage?," Working Papers id:12321, eSocialSciences.
    7. Naudé, Wim, 2017. "Cities and Entrepreneurs over Time: Like a Horse and Carriage?," IZA Discussion Papers 11195, Institute of Labor Economics (IZA).
    8. Neveen Abdelrehim, 2022. "Corporate Governance and Corporate Failure in the Oil Industry: Historical Analysis of Anglo Iranian Oil Company," Eurasian Journal of Business and Management, Eurasian Publications, vol. 10(3), pages 181-189.
    9. Norma S. Lanciotti & Isabel Bartolom�, 2014. "Global strategies, differing experiences. Electricity companies in two late-industrialising countries: Spain and Argentina, 1890-1950," Business History, Taylor & Francis Journals, vol. 56(5), pages 724-745, July.
    10. Andrew Godley & Haiming Hang, 2012. "Globalisation and the evolution of international retailing: A comment on Alexander's ‘British overseas retailing, 1900--1960’," Business History, Taylor & Francis Journals, vol. 54(4), pages 529-541, May.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hbs:wpaper:10-076. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: HBS (email available below). General contact details of provider: https://edirc.repec.org/data/harbsus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.