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Introduction

In: Third World Multinationals

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  • Francesca Beausang

Abstract

Some of the most interesting effects of globalization1 on political economy concern the changing roles of multinational enterprises2 (MNEs), Third World countries (also called less developed countries (LDCs)) and innovation.3 For example, MNEs based in the so-called Third World (3WMNEs) have grown to the extent that in 1999 the assets and sales of the largest 50 3WMNEs reached $531billion and $367billion respectively against $453 billion and $306billion respectively in 1997 (UNCTAD, 2000b, p. 84; UNCTAD, 2001, p. 107); a transition has been taking place towards a new organization of innovation based on networks (Zanfei, 2000, p. 516). In this book, we investigate the role of innovation in the competitiveness of MNEs and LDCs; we then draw some linkages between these two levels of competitiveness.4 We attempt to address these issues in the context of Brazilian/Chilean MNEs and Brazil/Chile.

Suggested Citation

  • Francesca Beausang, 2003. "Introduction," Palgrave Macmillan Books, in: Third World Multinationals, chapter 1, pages 1-7, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-50832-3_1
    DOI: 10.1057/9780230508323_1
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