The Multinational Enterprise
Power versus Sovereignty
Bibliographic Data
| ID | 5117071 |
|---|---|
| Authors | Raymond Vernon (corresponding author) |
| Year | 1971 |
| Volume | 49 |
| Issue | 4 |
| Pages | 736 |
| Publication date | 1971-01-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Foreign Affairs (JOURNAL) |
| Journal identifiers | ISSN: 0015-7120 • E-ISSN: 2327-7793 |
| Publisher | JSTOR (PUBLISHER) |
| DOI | 10.2307/20037877 |
| OpenAlex | W2552479420 |
| Language | EN |
| Citations received | 6 |
THE extraordinary spread of U.S. enterprises into foreign countries in the last two decades has produced its inevitable aftermath. Though the multinational enterprise as an eco nomic institution seems capable of adding to the world's aggre gate productivity and economic growth, it has generated tensions in foreign countries. As a rule, the tensions are a manifestation of powerful psychic and social needs on the part of ?lite groups in host countries, including the desire for control and status and the desire to avoid a sense of dependence on outsiders. There are several unresolved conflicts. Sovereign states have legitimate goals toward which they try to direct the resources under their command. Any unit of a multinational enterprise, when operating in the territory of a sovereign state, responds not only to those goals but also to a flow of commands from outside, including the commands of the parent and the commands of other sovereigns. As long as the potential clash of interests re mains unsolved, the constructive economic role of the enterprise will be accompanied by destructive political tensions. II
Business · Economic system · Economics · International trade · Multinational corporation · Political economy · Political science · Politics · Power (physics) · Sovereignty · Law · Leadership, Human Resources, Global Affairs
Technology, International Competition, and Economic Growth
Cultural Sovereignty Beyond the Modern State
Multinational Corporations, Property Rights, and Legitimization Strategies
Technology transfer patterns and industrialization in LDCs
We will pay compensation from future profits
The nationalisation of British banks in post-colonial Tanzania
| Unique citing works | 6 |
|---|---|
| Citations per year | 0,11 |
| Citation span | 1973 - 2024 (52) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 5 |