Abstract
Multinational corporations (MNCs) are firms that control economic activities across national boundaries. Theories of the MNC explain it using monopoly power, competitive advantages or internalization theory. Its role in diffusing knowledge worldwide and its pattern of foreign market entry have been successfully analysed. The current research focus is on MNCs as coordinators of networked constellations of independent firms. A related area of research has been the analysis of the management of international business organizations.
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Buckley, P. (2016). Multinational Corporations. In: Augier, M., Teece, D. (eds) The Palgrave Encyclopedia of Strategic Management. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-94848-2_432-1
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DOI: https://doi.org/10.1057/978-1-349-94848-2_432-1
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