Multinational Business and National Economic Goals
Bibliographic Data
| ID | 6270752 |
|---|---|
| Authors | Raymond Vernon (corresponding author) |
| Year | 1971 |
| Volume | 25 |
| Issue | 3 |
| Pages | 693-705 |
| Publication date | 1971-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | International Organization (JOURNAL) |
| Journal identifiers | ISSN: 0020-8183 • E-ISSN: 1531-5088 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s0020818300026394 |
| OpenAlex | W2130916978 |
| Language | EN |
| Citations received | 4 |
This essay elaborates several basic propositions. First, the extraordinary changes in international communication and international transportation during the past 40 or 50 years have profoundly altered the horizons of business decisionmakers, giving enormous stimulus to the creation of multinational business enterprises. Second, in narrow economic terms the multinationalization of business activity has added to the efficiency of the world economy. Third, the advances in transportation and communication, reinforced by the existence of multinational business enterprises, have stimulated interaction between national economies and reduced the effectiveness of national controls, particularly in advanced countries. Finally, despite the increasing porosity of national boundaries these countries have been expanding and refining their national economic and social goals in ways that require more controls at national borders or more joint controls between cooperating states
Business · Economic system · Economics · Market economy · Multinational corporation · National economy · Political science · Stimulus (psychology · World economy · Finance · Global trade and economics · International Business and FDI
| Unique citing works | 4 |
|---|---|
| Citations per year | 0,08 |
| Citation span | 1974 - 2024 (51) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 4 |