Skip to main content

Transnational Corporations from Emerging Economies and South-South FDI

  • Chapter
The Rise of Technological Power in the South
  • 295 Accesses

Abstract

The rise of transnational corporations (TNCs) from developing and transition economies has accelerated in recent years. The presence of such companies on the world stage was documented several decades ago, by such distinguished scholars as Louis Wells (1977; 1983) and Sanjaya Lall (1983). The situation in the 1970s and 1980s differs, however, in a number of ways from that of the present time. The scale of the phenomenon is today much larger and the geographical composition of flows and stocks is different as are the drivers and determinants.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Ambos, Björn (2005), ‘Foreign direct investment in industrial research and development: A Study of German MNCs’, Research Policy, 34(4), 395–410.

    Article  Google Scholar 

  • Bossard, P. (2007), ‘China’s role in financing African infrastructure’. Berkeley: International Rivers Network, May, 1–19.

    Google Scholar 

  • Edler, J., F. Meyer-Krahmer and G. Reger (2002), ‘Changes in the strategic management of technology: Results of a global benchmark survey’, R&D Management, 32, 149–64.

    Article  Google Scholar 

  • Government Accountability Office (GAO) (2007). Foreign Investment: Laws and Policies Regulating Foreign Investment in 10 Countries, Report to the Honorable Richard Shelby, Ranking Member, Committee on Banking, Housing and Urban Affairs, U.S. Senate. Washington, D.C: GAO.

    Google Scholar 

  • Lall, S. (1983), The New Multinationals: The Spread of Third World Enterprises. New York: John Wiley & Sons.

    Google Scholar 

  • Reddy, P. (2000), The Globalization of Corporate R&D. London: Routledge.

    Book  Google Scholar 

  • Roberts, E.B. (2001), ‘Benchmarking global strategic management of technology’, Research Technology Management, 44 (2), 25–36.

    Google Scholar 

  • United Nations Conference on Trade and Development (UNCTAD) (2005), World Investment Report 2005: Transnational Corporations and the Internationalization of R&D. New York and Geneva: United Nations.

    Google Scholar 

  • United Nations Conference on Trade and Development (UNCTAD) (2006), World Investment Report 2006. FDI from Developing and Transition Economies: Implications for Development. New York and Geneva: United Nations.

    Google Scholar 

  • United Nations Conference on Trade and Development (UNCTAD) (2007), World Investment Report 2007. Transnational Corporation, Extractive Industries and Development. New York and Geneva: United Nations.

    Google Scholar 

  • United Nations Conference on Trade and Development (UNCTAD) (2008), World Investment Report 2008: Transnational Corporations and the Infrastructure Challenge. New York and Geneva: United Nations.

    Google Scholar 

  • United Nations Conference on Trade and Development (UNCTAD) (2009), World Investment Report 2009: Transnational Corporations, Agricultural Production and Development. New York and Geneva: United Nations.

    Google Scholar 

  • von Zedtwitz, M. (2005), ‘International R&D strategies in companies from developing countries — The case of China’. Presentation at the UNCTAD Expert Meeting on the Impact of FDI on Development: Globalization of R&D by Transnational Corporations and implication for Developing Countries, Geneva, 24–6 January.

    Google Scholar 

  • von Zedtwitz, M. and O. Gassmann (2002), ‘Market versus technology drive in R&D internationalization: Four different patterns of managing research and development’, Research Policy, 31 (4), 569–88.

    Article  Google Scholar 

  • Wells, L.T. (1977), ‘The internationalisation of firms from developing countries’, in Tamir Agmon and Charles P. Kindleberger (eds), Multinationals from Small Countries. Cambridge, MA: MIT Press.

    Google Scholar 

  • Wells, L.T. (1983), Third World Multinationals: The Rise of Foreign Investment from Developing Countries. Cambridge, MA: MIT Press.

    Google Scholar 

Download references

Authors

Editor information

Editors and Affiliations

Copyright information

© 2010 Torbjörn Fredriksson

About this chapter

Cite this chapter

Fredriksson, T. (2010). Transnational Corporations from Emerging Economies and South-South FDI. In: Fu, X., Soete, L. (eds) The Rise of Technological Power in the South. Palgrave Macmillan, London. https://doi.org/10.1057/9780230276123_14

Download citation

Publish with us

Policies and ethics