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| Author: | Merrett, D.T. |
| Title: | Australia's emergent multinationals: the legacy of having a natural-resource intensive, small, and closed economy as home |
| Journal: | International Studies of Management and Organization
2002 : SPRING, VOL. 32:1, p. 109-135 |
| Index terms: | Foreign investment Multinational companies Open economy Australia |
| Language: | eng |
| Abstract: | The analysis is structured in four sections. The first reviews Australia's experience as a home base for multinationals and their stock of FDI in a historical and comparative setting. Second, it reviews the model developed by Rugman and Verbeke to generate a number of propositions about the expected participation of Australia-based firms as multinationals. It also predicts the types of strategies that they would pursue as multinationals. A review of the numbers and strategies followed by Australian multinationals is presented in the third section, which broadly confirms the propositions of the model. |
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