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| Author: | Dimitratos, P. (et al.) |
| Title: | The multinational enterprise and subsidiary evolution: Scotland since 1945 |
| Journal: | Business history
2009 : MAY, VOL. 51:3 p. 401-425 |
| Index terms: | foreign investment economic development Scotland companies management |
| Language: | eng |
| Abstract: | This article examines the major developments in the multinational enterprise (MNE) literature; along with the research conducted on Scottish-based MNE subsidiaries and the policy changes which have occurred in Scotland aimed at promoting foreign direct investment (FDI). It is suggested that subsidiaries nay evolve from the branch plant to the developmental and the entrepreneurial subsidiary type, with each of these subsidiary types contributing differently to the economic development of the host country. The empirical evidence from an in-depth analysis of IBM, Greenock, Scotland illustrates that the entrepreneurial subsidiary activities are important for the host economy. |
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