Transnational Corporations . TRANSCORP 19/1Paru le : 20/10/2011 |
Dépouillements
Internationalization of R&D / Adugna Lemi in Transnational Corporations, TRANSCORP 19/1 (April 2010)
[article]
Titre : Internationalization of R&D : industry-level analysis of United States transnational corporations'affiliates in developing and developed countries Type de document : texte imprimé Auteurs : Adugna Lemi, Auteur Année de publication : 2011 Article en page(s) : p. 1-34 Langues : Anglais (eng) Catégories : Entreprises multinationales Tags : Multinationales Supply chain Recherche et développement USA Economies en développement Résumé : This study examines the determinants of the internationalization of R&D by affiliates of United States transnational corporations (TNCs)in developed and developing countries. The study investigates three hypotheses related to the impacts of labour cost, spillover and networking, and existing technology in a host country. Industry-level data on United States TNCs with majority ownership of the affiliates in a host country between 1989 and 2003. The results of the study suggest that labour cost had positive impact on the internationalization of R&D only for developed host countries. Spillover and networking effects seem to influence high-tech and low-tech industries in developed countries, whereas only medium-tech industries respond to spillover and networking effects to locate R&D in developing host countries. Furthermore, affiliates’ proportion of local sales and sales back to the United States have exhibited differential impacts on R&D spending in developed and developing countries. En ligne : http://www.unctad.org/en/docs/diaeia20103_en.pdf
in Transnational Corporations > TRANSCORP 19/1 (April 2010) . - p. 1-34[article] Internationalization of R&D : industry-level analysis of United States transnational corporations'affiliates in developing and developed countries [texte imprimé] / Adugna Lemi, Auteur . - 2011 . - p. 1-34.
Langues : Anglais (eng)
in Transnational Corporations > TRANSCORP 19/1 (April 2010) . - p. 1-34
Catégories : Entreprises multinationales Tags : Multinationales Supply chain Recherche et développement USA Economies en développement Résumé : This study examines the determinants of the internationalization of R&D by affiliates of United States transnational corporations (TNCs)in developed and developing countries. The study investigates three hypotheses related to the impacts of labour cost, spillover and networking, and existing technology in a host country. Industry-level data on United States TNCs with majority ownership of the affiliates in a host country between 1989 and 2003. The results of the study suggest that labour cost had positive impact on the internationalization of R&D only for developed host countries. Spillover and networking effects seem to influence high-tech and low-tech industries in developed countries, whereas only medium-tech industries respond to spillover and networking effects to locate R&D in developing host countries. Furthermore, affiliates’ proportion of local sales and sales back to the United States have exhibited differential impacts on R&D spending in developed and developing countries. En ligne : http://www.unctad.org/en/docs/diaeia20103_en.pdf Raising corporate debt in India / Sumit K. Majumdar in Transnational Corporations, TRANSCORP 19/1 (April 2010)
[article]
Titre : Raising corporate debt in India : Has foreign ownership been an asset or a liability? Type de document : texte imprimé Auteurs : Sumit K. Majumdar, Auteur Année de publication : 2011 Article en page(s) : p. 35-54 Langues : Anglais (eng) Tags : Multinationales IDE Financiarisation Endettement entreprises Banques Inde Résumé : This article examines the relationship between the extent of foreign ownership and debt composition using a sample of 1,000 firms in India. The estimation results show that firms with foreign ownership do not access more expensive funds from commercial banks while they do enjoy relatively greater access to funds from development finance institutions, compared to domestic firms. Thus, Indian development finance institutions appear not to have discriminated against foreign affiliates in their lending activities. En ligne : http://www.unctad.org/en/docs/diaeia20103_en.pdf
in Transnational Corporations > TRANSCORP 19/1 (April 2010) . - p. 35-54[article] Raising corporate debt in India : Has foreign ownership been an asset or a liability? [texte imprimé] / Sumit K. Majumdar, Auteur . - 2011 . - p. 35-54.
Langues : Anglais (eng)
in Transnational Corporations > TRANSCORP 19/1 (April 2010) . - p. 35-54
Tags : Multinationales IDE Financiarisation Endettement entreprises Banques Inde Résumé : This article examines the relationship between the extent of foreign ownership and debt composition using a sample of 1,000 firms in India. The estimation results show that firms with foreign ownership do not access more expensive funds from commercial banks while they do enjoy relatively greater access to funds from development finance institutions, compared to domestic firms. Thus, Indian development finance institutions appear not to have discriminated against foreign affiliates in their lending activities. En ligne : http://www.unctad.org/en/docs/diaeia20103_en.pdf The single European Market, the European Monetary Union and United States and Japanese FDI flows to the EU / Irini Smaragdi in Transnational Corporations, TRANSCORP 19/1 (April 2010)
[article]
est un bulletin de Internationalization of R&D / Adugna Lemi in Transnational Corporations, TRANSCORP 19/1 (April 2010)
Titre : The single European Market, the European Monetary Union and United States and Japanese FDI flows to the EU Type de document : texte imprimé Auteurs : Irini Smaragdi, Auteur ; Constantinos Katrakilidis, Auteur ; Nikos C. Varsakelis Année de publication : 2011 Article en page(s) : p. 55-68 Langues : Anglais (eng) Tags : IDE Union monétaire UE USA Japon Résumé : This paper investigates the possible impacts of the two major structural changes, namely the establishments of the Single European Market and the European Monetary Union, on FDI flows from the United States and Japan to 12 European Union countries. It applies the panel LM unit-root methodology to a data set consisting of United States and Japanese FDI flows to twelve EU countries for the period 1965–2005. The findings reveal that the patterns of FDI changed after the major institutional changes in question. However, Japanese FDI was affected more by the implementation of the Single Market Programme while the United States FDI was affected more by the creation of the European Monetary Union. En ligne : http://www.unctad.org/en/docs/diaeia20103_en.pdf
in Transnational Corporations > TRANSCORP 19/1 (April 2010) . - p. 55-68[article]The single European Market, the European Monetary Union and United States and Japanese FDI flows to the EU [texte imprimé] / Irini Smaragdi, Auteur ; Constantinos Katrakilidis, Auteur ; Nikos C. Varsakelis . - 2011 . - p. 55-68.
est un bulletin de Internationalization of R&D / Adugna Lemi in Transnational Corporations, TRANSCORP 19/1 (April 2010)
Langues : Anglais (eng)
in Transnational Corporations > TRANSCORP 19/1 (April 2010) . - p. 55-68
Tags : IDE Union monétaire UE USA Japon Résumé : This paper investigates the possible impacts of the two major structural changes, namely the establishments of the Single European Market and the European Monetary Union, on FDI flows from the United States and Japan to 12 European Union countries. It applies the panel LM unit-root methodology to a data set consisting of United States and Japanese FDI flows to twelve EU countries for the period 1965–2005. The findings reveal that the patterns of FDI changed after the major institutional changes in question. However, Japanese FDI was affected more by the implementation of the Single Market Programme while the United States FDI was affected more by the creation of the European Monetary Union. En ligne : http://www.unctad.org/en/docs/diaeia20103_en.pdf The global economic crisis / Jaya Prakash Pradhan in Transnational Corporations, TRANSCORP 19/1 (April 2010)
[article]
Titre : The global economic crisis : impact on Indian outward investment Type de document : texte imprimé Auteurs : Jaya Prakash Pradhan, Auteur Année de publication : 2011 Article en page(s) : p. 69-84 Langues : Anglais (eng) Tags : Multinationales émergentes IDE Inde Résumé : This article reviews the emerging trends of outward investment flows from India in the period of global slowdown and presents the preliminary findings on the changing behaviours of emerging Indian transnational corporations (TNCs). It shows that during the early 2000s, Indian outward investment registered a faster and sustained growth as an increasing number of Indian firms turned to the global market for growth, technologies and natural resources. However, it displayed a decline in 2008 and the first half of 2009. The global financial and economic crisis appears to have seriously dented overseas expansion plans of emerging Indian TNCs. Indian investment slowdown considerably as Indian firms are faced with declining domestic demand, falling exports, rising debt burden, uncertain and difficult financial markets, and a volatile exchange rate. Deteriorating profit and sales levels of their overseas affiliates are found to have negative impacts on the global performance of a number of Indian TNCs. Nevertheless, as global assets have become cheaper in the crisis period and there are signs of recovery in the domestic demand, Indian foreign investment could regain its growth dynamism in the coming few years. En ligne : http://www.unctad.org/en/docs/diaeia20103_en.pdf
in Transnational Corporations > TRANSCORP 19/1 (April 2010) . - p. 69-84[article] The global economic crisis : impact on Indian outward investment [texte imprimé] / Jaya Prakash Pradhan, Auteur . - 2011 . - p. 69-84.
Langues : Anglais (eng)
in Transnational Corporations > TRANSCORP 19/1 (April 2010) . - p. 69-84
Tags : Multinationales émergentes IDE Inde Résumé : This article reviews the emerging trends of outward investment flows from India in the period of global slowdown and presents the preliminary findings on the changing behaviours of emerging Indian transnational corporations (TNCs). It shows that during the early 2000s, Indian outward investment registered a faster and sustained growth as an increasing number of Indian firms turned to the global market for growth, technologies and natural resources. However, it displayed a decline in 2008 and the first half of 2009. The global financial and economic crisis appears to have seriously dented overseas expansion plans of emerging Indian TNCs. Indian investment slowdown considerably as Indian firms are faced with declining domestic demand, falling exports, rising debt burden, uncertain and difficult financial markets, and a volatile exchange rate. Deteriorating profit and sales levels of their overseas affiliates are found to have negative impacts on the global performance of a number of Indian TNCs. Nevertheless, as global assets have become cheaper in the crisis period and there are signs of recovery in the domestic demand, Indian foreign investment could regain its growth dynamism in the coming few years. En ligne : http://www.unctad.org/en/docs/diaeia20103_en.pdf