Sovereignty at bay: The multinational spread of U.S. enterprises
Sovereignty at bay: The multinational spread of U.S. enterprises
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主权陷入困境:美国企业的跨国扩张
DOI:
10.1002/tie.5060130401
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发表时间:
1971
期刊:
影响因子:
--
通讯作者:
R. Vernon
中科院分区:
文献类型:
--
作者:
R. Vernon
Professor Vernon’s book is best classed as a research “encyclopedia.” He describes it as “no more than thetip of an iceberg.” The “iceberg’’was a study started in 1965 involving many researchers supported by the Ford Foundation examining assorted aspects of 187 major U. S. multinational firms. Dr. Vernon’s volume is the capstone, pulling together the key conclusions of the other studies. There is not much that is new in the research content therefore, most of the findings having been reported elsewhere. But it is averywell written synthesis which will be of great value to all concerned with international business policy. The author’s primary focus is on business strategies which interact with major government economic and political policies. Some aspects of internal operations, notably organization, are covered but rather briefly and the final conclusions are all at the public policy level, Two long chapters are devoted to a penetrating analysis of the historical evolution of U. S. multinational firms in raw material and manufacturing operations. Another chapter describes the main operating aspects of the firms: locus of authority, financial management and the like. These chapters lay the base for analysis of the public role of the firms and the future. Dr. Vernon reviews thoroughly the numerous appraisals of the economic impact of multinational firms. While recognizing the relevance of points like balance of payments effects common to typical analyses, his primary conclusion seems to be that the effects on both home and host nations are so complex that they really defy analysis. For example, on the impact in the United States, he says,“A decision not to invest would set in train a series of consequences, benign or adverse, whose repercussions would be captured or borne by others outside the enterprise... the impact of interna-