Browsing by Subject "International business enterprises--Econometric models."

Filter results by typing the first few letters
Now showing 1 - 1 of 1
  • Thumbnail Image
    ItemOpen Access
    Emergence of new multinationalism and prospects for global economic integration
    (1994) Vural, Tüge
    Throughout history, multinational enterprises have changed the extent, form and geography of their value-added activities (transforming by manufacturing, processing etc., hence adding new values to a product) in response to the changes in the structure and organization of the world’s resources and capabilities. With the evolution of new strategies and structures by the multinational enterprises, the nature of international production has also changed and multinational enterprises have become a powerful source for binding national economies together. Through complex corporate strategies and intricate network structures, they have started engaging in international production characterized by a sophisticated intrafirm division of labor for each corporate function. Even though a good deal of International production still takes place through the establishment of stand-alone affiliates, there is still a slow trend towards greater functional integration of multinational enterprise activities. If this trend continues, then this will increase the links between countries hence will lead the world towards a more Integrated global economy.