Introduction to Topic and Research Question
The internationalisation of corporate activities has been steadily growing in recent decades, particularly due to two trends in the global economy: First, growth in foreign direct investment by firms in subsidiaries or joint ventures abroad. Second, growth in international sourcing by firms from suppliers abroad. The importance of these two trends is illustrated by the following figures: On the first point, the foreign direct investment stock by multinational enterprises rose from $2 trillion in 1990 to $23 trillion in 2012 (UNCTAD, 2013), with employment by foreign subsidiaries increasing from 21,5 million to 71,7 million during the same period (ibid.).
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