Lederle, and Parke Davis – decided to establish U.K. factories, supplying them with intermediates for final assembly. However, currency constraints led the U.K. government to restrict imports, forcing companies to build plants to undertake the entire manufacturing process between 1950 and 1953. A...
But in countries close to the frontier, local firms are familiar with the frontier technology, and therefore do not need to attract foreign investment to undertake an innovation project, so local saving does not matter for growth. In our empirical exploration we show that lagged savings is ...
What are three efficiency-related motives that focal firms might have for internationalizing through FDI? Identify some of the most common ethical issues that may arise in an international business setting. Describe how managers of international firms shou...
Malaysia's public education system is too far gone to be rescued and the political will to undertake the necessary reforms is non-existent. That is the conclusion of many middle-income parents, who are abandoning the national education system and putting their children in private schools at ...