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Guest editors’ introduction to the special issue: Indian outward FDI and MNEs 1 Guest editor’s introduction to the special issue: Indian outward FDI and MNEs Jaya Prakash Pradhan*1 Following the ongoing liberalization and openness measures begun in the 1990s, an increasing number of Indian firms have progressively taken to outward FDI (OFDI), in line with their efforts to diversify away from domestic markets … This expansion has been heightened by market competition on firms’ home turf, the …
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Determinants of outward foreign direct investment: a study of Indian manufacturing firms 9 Determinants of outward foreign direct investment: a study of Indian manufacturing firms Ronny Thomas and K. Narayanan* In this paper we analyze the determinants of outward FDI (OFDI) with reference to Indian manufacturing firms … Mainly we examine the impact of firm-specific characteristics such as productivity, exports, imports of technology, and research and development (R&D) intensity on the OFDI of …
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The impact of international R&D on home-country R&D for Indian multinationals 27 The impact of international R&D on home-country R&D for Indian multinationals Filip De Beule and Dieter Somers*1 Extant research on internationalization of research and development (R&D) has not examined what the impact of foreign R&D investments is for the investing corporate parent firms, in particular on domestic R&D investments … The aim of this paper is to examine the effectiveness of international knowledge …
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Uncovering the Institutional Foundations of Specialization Patterns in the Indian Pharmaceutical Industry 57 Uncovering the institutional foundations of specialization patterns in the Indian pharmaceutical industry Heather Taylor* This article identifies the institutional foundations of the comparative advantages of the Indian pharmaceutical industry in generic bulk drugs, active pharmaceutical ingredients (APIs) and final dosages, and formulations manufacturing … By framing nine case studies on …
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VOLUME 24NUMBER 2TRANSNATIONALCORPORATIONSii TRANSNATIONAL CORPORATIONS – Volume 24, Number 2 UNCTAD/DIAE/IA/2017/3 ISBN: 978-92-1-112918-2 eISBN: 978-92-1-362279-7 Sales No. ETN242 © 2017, United Nations All rights reserved worldwide Requests to reproduce excerpts or to photocopy should be addressed to the Copyright Clearance Center at copyright.com. All other queries on rights and licences, including subsidiary rights, should be addressed to: United Nations Publications, 300 East 42nd Street …
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BOOK REVIEWS 125 Developing China: the Remarkable Impact of Foreign Direct Investment By Michael J. Enright (Abingdon and New York: Routledge, 2017), 260 pages At a time when globalization is increasingly challenged, it is rewarding to read a book that touts the promise of globalization, in particular the benefits of foreign direct investment (FDI … While international trade takes centre stage in the popular media, FDI is not only related to it but also at least as important in its own right, not …
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BOOK REVIEWS 117 The Eclectic Paradigm: A Framework for Synthesizing and Comparing Theories of International Business from Different Disciplines or Perspectives Edited by John Cantwell (Basingstoke: Palgrave Macmillan, 2015), vii + 280 pages This edited volume by John Cantwell, the outgoing editor-in-chief of Journal of International Business Studies (JIBS), presents a special compilation of articles on the eclectic paradigm … Cantwell has done an excellent job in selecting articles from JIBS …
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BOOK REVIEWS 109 International Investment Law and Development: Bridging the Gap Edited by Stephan W. Schill, Christian J. Tams and Rainer Hofmann (Cheltenham: Edward Elgar, 2015), vii+473 pages Conceptual issues underpinning the thorny relationship between international investment law and development can be grouped into a number of key themes … At the core of one such theme are questions pertaining to substantive and procedural investment protection rules … Do they reflect the evolving views on …
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Latin American governments in the promotion of outward FDI 91 Latin American governments in the promotion of outward FDI Jorge Alcaraz and Johanan Zamilpa* A main issue in growing outward foreign direct investment (OFDI) from emerging economies is the participation of home governments … This paper focuses on governments in Latin America and how they are promoting the OFDI of their domestic enterprises … Brazil, Chile and Mexico are the leading countries in Latin America supporting OFDI, although only …
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Offshore orientation of Russian Federation FDI 71 Offshore orientation of Russian Federation FDI Alexander Bulatov* The research note analyses the geographical profile of FDI of the Russian Federation, which is characterized by the prevalence of offshore entities and conduit (transshipment) countries … It puts forward a hypothesis about the traditional motives (tax minimization) and the non-traditional motives (insufficient safeguarding of legal business, poor level of financial market development …
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Indian outward FDI: a review of recent developments 43 Indian outward FDI: a review of recent developments Jaya Prakash Pradhan* This paper reviews the recent developments of Indian outward foreign direct investment (OFDI), which has been expanding rapidly, against the backdrop of liberalization and openness policies that have been instituted since the 1990s … The Indian OFDI landscape is changing with the participation of increasing numbers of Indian firms from a wide range of industries, the …
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1Global Production Networks and Foreign Direct Investment by Small and Medium Enterprises in ASEAN* Henry Wai-chung Yeung is professor of economic geography in the Department of Geography, and co-director of the Global Production Networks Centre (GPN@NUS) at the National University of Singapore … E-mail: henryyeung@nus.edu.sg The author would like to thank anonymous referees for their very helpful comments and suggestions … This paper is a substantially revised version of an earlier report for UNCTAD …
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VOLUME 24NUMBER 3TRANSNATIONALCORPORATIONSii TRANSNATIONAL CORPORATIONS – Volume 24, Number 3 UNCTAD/DIAE/IA/2017/4 ISBN: 978-92-1-112919-9 eISBN: 978-92-1-362709-9 Sales No. ETN243 © 2017, United Nations All rights reserved worldwide Requests to reproduce excerpts or to photocopy should be addressed to the Copyright Clearance Center at copyright.com. All other queries on rights and licences, including subsidiary rights, should be addressed to: United Nations Publications, 300 East 42nd Street …
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Under African skies – mining TNCs in Africa and the Sustainable Development Goals 119 Under African skies – mining TNCs in Africa and the Sustainable Development Goals W. Travis Selmier II and Aloysius Newenham-Kahindi* Interaction between transnational mining companies (mining TNCs), governments, mining industry bodies and local communities is critical to advancing several of the Sustainable Development Goals (SDGs … Mining TNCs may be leaders or conspicuous laggards in this regard …
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Frithjof Arp, Alvin Ardisa and Alviani Ardisa*1 Numerous microfinance initiatives around the world aim to alleviate poverty in developing countries … However, debate persists about their effectiveness and sustainability – a concern for transnational corporations and the international business community, which contribute about $9.4 billion to microfinance funding … In this policy-oriented article we aggregate findings from two studies in Indonesia that help explain why moneylending can still thrive …
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MNE subsidiaries’ adoption of gender equality and women empowerment goal: a conceptual framework 89 MNE subsidiaries’ adoption of gender equality and women empowerment goal: a conceptual framework Jane Lai Yee Terpstra-Tong* This article explores the possible response types of multinational enterprise (MNE) subsidiaries in adopting the gender equality and women empowerment goal, number 5 of the 17 United Nations Sustainable Development Goals (SDGs … MNE headquarters’ commitment to gender equality …
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The sustainable development effects of investment by emerging market multinationals: shaping beneficial outcomes for home and host country 73 The sustainable development effects of investment by emerging-market multinationals: shaping beneficial outcomes for home and host country Guus Hendriks*1 Emerging-market multinational enterprises (EMNEs) play an increasingly important role as investors in developing economies … When certain conditions are met, their foreign investment can contribute to …
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Corporate sustainability assessments: MNE engagement with sustainable development and the SDGs 61 * Cheree Topple (corresponding author) is Lecturer of Management at the Swinburne University of Technology … Contact: ctopple@swin.edu.au. Jerome D. Donovan is Senior Lecturer of Entrepreneurship and Innovation at the Swinburne University of Technology … Thomas Borgert is Visiting Scholar at the Swinburne University of Technology, Sarawak, Malaysia … Through an examination of 112 MNEs operating in the …
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The multinational and the legitimation of sustainable development 49 The multinational and the legitimation of sustainable development William J. Donoher*1 The Sustainable Development Goals (SDGs) recently promulgated by the United Nations General Assembly provide an opportunity to assess the potential contributions of multinational enterprises to sustainability initiatives … This article seeks to promote understanding of the context within which multinationals will or can decide to participate in …
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Exploring the Interface of CSR and the Sustainable Development Goals 33 Exploring the Interface of CSR and the Sustainable Development Goals Norma Schönherr, Florian Findler and André Martinuzzi* Transnational corporations (TNCs) today are facing rising expectations that they will engage with societal stakeholders and get involved with sustainable development, even in light of an increasingly uncertain international business environment … This article explores how the Sustainable Development Goals …
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