Theories of the Multinational Firm

Theories of the Multinational Firm: A Multidimensional Creature in the Global Economy, Third Edition is a thoroughly revised textbook that has become an essential resource at both undergraduate and postgraduate levels. The book offers a balanced exploration of six prevailing theories that have shaped the study of multinational enterprises throughout the past four decades, providing readers with a clear insight into why the multinational firm is perceived in such varied ways by researchers and stakeholders. In this updated edition, feedback from users has led to significant improvements including a rewritten opening chapter that incorporates the latest data on foreign direct investments. The text further enriches its analysis by integrating discussions on entrepreneurship theories and their application to multinational operations, as well as introducing a new chapter that examines the concept of the governing multinational. Compact and accessible, this book remains a critical guide for students of international business, international management, and international economy courses.