IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-25046-8_4.html
   My bibliography  Save this book chapter

Multinational Enterprises in Less Developed Countries: Cultural and Economic Interactions

In: The Multinational Enterprise Revisited

Author

Listed:
  • Peter J. Buckley

    (University of Leeds)

  • Mark Casson

    (University of Reading)

Abstract

This chapter analyses the operations of multinational enterprises (MNEs) in less developed countries (LDCs) in terms of the interplay between two types of culture. The MNE, it is claimed, personifies the highly entrepreneurial culture of the source country, while the LDC personifies the less entrepreneurial culture of the typical social group in the host country. This view places MNE-LDC relations in an appropriate historical perspective. It is the entrepreneurial culture of the source country which explains why in the past that country had the economic dynamism to become a developed country (DC). Conversely, the limited entrepreneurial culture of the host country explains why it has been so economically static that it has remained an LDC. The current problems perceived by MNEs in operating in certain LDCs — and also the problems perceived by these LDCs with the operation of foreign MNEs — reflect the difficulties of attempting to bridge this cultural gap.

Suggested Citation

  • Peter J. Buckley & Mark Casson, 2010. "Multinational Enterprises in Less Developed Countries: Cultural and Economic Interactions," Palgrave Macmillan Books, in: The Multinational Enterprise Revisited, chapter 4, pages 68-95, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-25046-8_4
    DOI: 10.1057/9780230250468_4
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Buckley, Peter J. & Chapman, Malcolm, 1996. "Theory and method in international business research," International Business Review, Elsevier, vol. 5(3), pages 233-245, June.
    2. Peter Strachan & David Lal, 2004. "Wind Energy Policy, Planning and Management Practice in the UK: Hot Air or a Gathering Storm?," Regional Studies, Taylor & Francis Journals, vol. 38(5), pages 549-569.
    3. Beleska-Spasova, Elena & Glaister, Keith W. & Stride, Chris, 2012. "Resource determinants of strategy and performance: The case of British exporters," Journal of World Business, Elsevier, vol. 47(4), pages 635-647.
    4. Buckley, Peter J., 2009. "Internalisation thinking: From the multinational enterprise to the global factory," International Business Review, Elsevier, vol. 18(3), pages 224-235, June.
    5. Clegg, Jeremy & Cross, Adam R., 2000. "Affiliate and non-affiliate intellectual property transactions in international business: an empirical overview of the UK and USA," International Business Review, Elsevier, vol. 9(4), pages 407-430, August.
    6. Zheng, Lucy & Batuo, Michael Enowbi & Shepherd, David, 2017. "The Impact of Regional and Institutional Factors on Labor Productive Performance—Evidence from the Township and Village Enterprise Sector in China," World Development, Elsevier, vol. 96(C), pages 591-598.
    7. Buckley, Peter J., 2016. "The contribution of internalisation theory to international business: New realities and unanswered questions," Journal of World Business, Elsevier, vol. 51(1), pages 74-82.
    8. Peter J. Buckley & Jeremy Clegg & Ping Zheng & Pamela A. Siler & Gianluigi Giorgioni, 2007. "The impact of foreign direct investment on the productivity of China’s automotive industry," Management International Review, Springer, vol. 47(5), pages 707-724, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-25046-8_4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.