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Remaking the Multinational Corporation: Geographically Dispersed Unbundling and Intangible Assets

Author

Listed:
  • Alexander Mohr
  • Niron Hashai

    (Arison School of Business
    Alliance Manchester Business School)

  • Jonas Puck
  • Palitha Konara

    (University of Essex Business School)

  • Hubertus Reinprecht

Abstract

Over the past decades, we have observed the emergence of multinational corporations (MNCs) that are increasingly characterized by their high levels of unbundling and geographic dispersion of their activities and by their greater reliance on intangible (vs. tangible) assets. We develop a novel typology of MNCs on the basis of these two characteristics and explore how different types of MNCs have been exposed and are likely to respond to the slowdown in the global economic integration since the 2008 global financial crisis. We argue that the degree to which MNCs have unbundled and geographically dispersed their activities and their reliance on intangible (vs. tangible) assets will affect the risks associated with cross-border transfers of goods and services and with holding overseas assets. We advance the international business (IB) literature and contribute to the global strategy literature by using our novel typology to examine MNCs’ exposure and their likely response to deglobalization pressures.

Suggested Citation

  • Alexander Mohr & Niron Hashai & Jonas Puck & Palitha Konara & Hubertus Reinprecht, 2024. "Remaking the Multinational Corporation: Geographically Dispersed Unbundling and Intangible Assets," Management International Review, Springer, vol. 64(6), pages 991-1020, December.
  • Handle: RePEc:spr:manint:v:64:y:2024:i:6:d:10.1007_s11575-024-00558-0
    DOI: 10.1007/s11575-024-00558-0
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