Abstract
The interaction between governments and multinational enterprises is analyzed using a new conceptual framework. This captures the key aspects of Richard Caves′ “normative” and “behavioral” approaches to the literature, but also develops a more contemporary “strategic” approach. Our framework uses insights from the resource-based theory of the firm to analyze managerial aspects of multinational enterprises and public policy neglected by Caves. In particular, we incorporate strategies of national responsiveness.
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*Thames Water Fellow of Strategic Management.
**Professor of International Strategic Management and Policy.
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Rugman, A., Verbeke, A. Multinational Enterprises and Public Policy. J Int Bus Stud 29, 115–136 (1998). https://doi.org/10.1057/palgrave.jibs.8490028
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DOI: https://doi.org/10.1057/palgrave.jibs.8490028