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The Emergence of supranationals in global industries

Author: Koza, Mitchell P. ; Balakrishnan, SrinivasanINSEAD Area: Strategy In: Managing the high technology firm:proceedings - Gomez-Mejia, Luis R.;Lawless, Michael W - 1988 - Book Language: EnglishDescription: p. 391-395.Type of document: INSEAD ChapterNote: Please ask the Library for this chapter.Abstract: The paper examines the characteristics of global industries, paying close attention to the implications for competitive strategy and industrial organization. The important strategic imperative in these industries is global sourcing of capital, technology and labor. Firms in global industries prefer "intermediate organizational strategies" such as joint ventures, partial ownership, licensing and syndicates for accessing capital, technology and labor inputs. As a consequence of global sourcing and strategic alliances, multinationals increasingly look like supranationals, with the nationalities of these corporations losing their meaning
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The paper examines the characteristics of global industries, paying close attention to the implications for competitive strategy and industrial organization. The important strategic imperative in these industries is global sourcing of capital, technology and labor. Firms in global industries prefer "intermediate organizational strategies" such as joint ventures, partial ownership, licensing and syndicates for accessing capital, technology and labor inputs. As a consequence of global sourcing and strategic alliances, multinationals increasingly look like supranationals, with the nationalities of these corporations losing their meaning

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