We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Role of Multinationals on Productivity of Firms - Essay Example

Comments (0)
Summary
Role of Multinationals on Productivity of Firms Insert Institution Date Introduction From an economic standpoint, governments have realized the importance of cross border investments thus the clearly visible attracts and tilting of balance for multinational corporations…
Download full paper
GRAB THE BEST PAPER
Role of Multinationals on Productivity of Firms
Read TextPreview

Extract of sample
Role of Multinationals on Productivity of Firms

Download file to see previous pages... A benchmark model to contrast income from local and multinational corporations is an insight to the contribution of multinational corporations on technology spillovers that benefit local firms. However, results from the case study's contribution of multinationals on growth of firms are quite confusing with both positive and negative contributions. Pertinent questions on the issue of technological advancements attributed to multinationals perturb the numerous stakeholders in this field. Uncertainties lie on whether the technology can be used effectively, competition and the market success of the new technology (Kafouros, 2008). There is evidence of recent appraisal for multinationals with hostilities based on factors such as globalization (Gorg and Greenway, 2004). The caveat of bipartite connection of multinationals and positive effects is always present. Some authors state that these are just effects from subsidiary factors such as inflation tax, currency stability and difficulties by most communities to embrace change (Reinert, Tajan & Glass, 2008). Technology transfer and multinationals Theoretically, the fact that competitive edge given by technological superiority not only improves a firm’s productivity, but also its general economic performance is widely accepted. Kafouros (2008) looks at technology transfer to encompass techniques involving the use of better machinery. This definition is quite constrictive and does not give better insight to the varied advantages of multinationals in technology transfer. A more knowledgeable and pedagogical approach interfaces this concept with innovative organizational, technological, managerial as well as more efficient production processes. More striking, is its recent contribution to globalization and an increase in demand for better produce by consumers. Technology in this context can be looked at in the essence of a form of embodiment. It can be looked at as general information, specific information, practice and hardware. General information involves conceptual know how on a method of operation or system. For example; learning how to operate machinery. Specific information is just as the title explains; it involves details on the whole process of a technology. For instance, information on what a software is made of, how it operates, in what instances it is used and for what purpose. Procedures are codified instructions in the operations of a certain technology. Lastly, hardware involves information in physical form for example a piece of equipment originating from the source of technology. These technology transfers are usually obtained from spill over channels (Gorg & Greenway, 2004). Imitation, competition, exports and skills acquisition from multinationals are said to be ways of improving productivity. Imitation was successfully used in most Asian countries and Latin America in the manufacturing industry (Aitken & Harrison, 1999, 618). This is more of the transfer of knowledge and should not be confused with replication (Gorg & Greenway, 2004). As noted by Freeman and Shaw (2009), the complexity of a process in conjunction with duration of exposure, greatly determine imitation. Research done by Freeman and Shaw (2009) shows that the presence of multinationals in Japan was an insight to the country’s initial engagement in exportation. The sentiments are shared by other scholars such as Grog & Greenway (2004) who state ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Multinationals-Exploiting attributes of different locations
These multinational companies have often been accused of exploiting the work culture and social setup of the region. Source: Performance of American MNC’s, 2003, Multinational Corporations and the global economy Unsafe working conditions coupled with low wages that are not in tune with the International Labour Laws have meant that these companies are violating agreements made per the World Trade Organization.
10 Pages(2500 words)Essay
Discuss the role of multinationals in the globalisation of innovation
This phenomenon has been attributed to the concept of globalization which has allowed these firms not only to be in monetary terms bigger than many states but also defy territorial boundaries. As stated in the 2002 article published by U.N. Conference on Trade and Development that 29 of the world top 100 economies in the world were multinational corporations rather than states.
8 Pages(2000 words)Essay
Discuss the Role of Multinationals in the Globalisation of Innovation
According to the paper spread of innovations has improved lives and operations in very many parts of the world. The ten types of innovations include business model innovations; enabling process innovations; core process innovations; product system innovations; service innovations; channel innovations; brand innovations; customer experience innovations; product performance innovations; and network and alliance innovations.
10 Pages(2500 words)Essay
Discuss the role of multinationals in the globalisation of innovation
MNEs employ several strategies in order to develop and diffuse innovation across national borders (Welfens, 1999, P.342). This paper explores the role of MNEs in the globalisation of innovation. First the strategies employed by MNEs are explained, then the concept of clustering is evaluated, and lastly the role of MNEs in the national innovation strategy is discussed.
6 Pages(1500 words)Essay
Explain why and how firms become multinational enterprises
e of the MNE in the course of the conduct of its business, its ascendancy over the authority of states, and the protection it is given international institutions and treaties. The OECD defines multinational enterprises as “companies or other entities that are established in
6 Pages(1500 words)Essay
Multinational firms are a force for progress‟. Discuss
At one end, if multinational companies pose great threat to the national identity and local industries, then at the other end, they really speed up economic growth. Therefore, the role of multinational companies in the world economy appears
8 Pages(2000 words)Essay
Discuss the role of multinationals in the globalization of innovation
ays and means for them to generate a high level of competitive advantage as they make use of competitive strategies, advancement of the cutting-edge technology and the prevailing global trends. In other words, these global enterprises have important role in the ongoing process
8 Pages(2000 words)Essay
Productivity
At a staff meeting, one employee suggested ways to load the ovens differently so that more loaves of bread can be baked at one time. This new process will require that the ovens be loaded by hand, requiring additional manpower. This is the only thing
1 Pages(250 words)Assignment
How can we account for the rise and growing role of multinational enterprises from the Asia Pacific in the global economy Specify your reasons using corporate cases of multinationals from different industries and different countries of origin
These multinational companies have grown beyond their domestic corporate markets by establishing new subsidiaries in host countries, and by acquiring companies through mergers and acquisitions the world over. Asian corporations are
8 Pages(2000 words)Essay
Japanese Automobile Manufacturers as Multinationals
Using Toyota Automobile Company as a case study, this paper review management issues and strategies of the company. The brief description of the company, analysis of the external and internal environment and competitors will help to assess and to understand the management decisions that led the company to the global leadership in the industry.
12 Pages(3000 words)Essay
Let us find you another Essay on topic Role of Multinationals on Productivity of Firms for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us