A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2010; you can also visit the original URL.
The file type is application/pdf
.
The Model of Expansion from Local Enterprises to Multinational Enterprises
2009
International Journal of Business and Management
Multinational enterprises (MNEs) are playing more and more important roles in the development of world economic. A relative small set of multinational enterprises account for most of the world's trade and investment (Rugman and Verbeke, 2004) . Indeed, the largest 500 MNEs account for over 90% of the world's stock of foreign direct investment (FDI) and they, themselves, conduct about half the world's trade ( Rugman, 2000) . The empirical evidence, however, shows that MNEs are more regional than
doi:10.5539/ijbm.v3n8p141
fatcat:v7wrzy2o2za2bc6jzf7ufi7cci