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The Global Factory

Networked Multinational Enterprises in the Modern Global Economy. New Horizons in International Business series

By (author) Peter J. Buckley
Format: Hardback
Publisher: Edward Elgar Publishing Ltd, Cheltenham, United Kingdom
Published: 23rd Feb 2018
Dimensions: w 175mm h 246mm d 19mm
Weight: 695g
ISBN-10: 1786431327
ISBN-13: 9781786431325
Barcode No: 9781786431325
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Synopsis
This book brings together the key works on the global factory - a unique approach to the modern global economy that focuses on the orchestrating role of key multinational firms that control an integrated international network of independent firms. This analysis is conducted at global system level, at the level of global value chains and for individual firms. These three levels represent consistent, nested approaches to the analysis of pressing issues of the modern international economy. The Global Factory examines the internalisation theory of the multinational enterprise as it applies to global interfirm networks, and pays particular attention to multinational firms from emerging countries. It examines the governance and performance of global factories, their internationalisation and knowledge management strategies and the potential for multinational firms to address societal failures. The role of technology, the use of tax havens by Chinese multinationals and the division of entrepreneurial labour between global factories and smaller local firms are all explored as fascinating aspects of the overarching theory. This is an essential point of reference on Buckley's work on the global factory for academics and students of business, as well as managers of multinational firms and public policy makers.

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'Buckley at his best! Peter and his colleagues examine modern global alliance forms, and the associated benefits and risks of these forms. Internalisation theory in conjunction with other perspectives of entrepreneurship, history, geography etc. continues to have a principal role in the author's understanding of modern international networked forms. But above all Buckley analyses the major part that global factory plays in the governance and orchestration of alliances, including those of emerging market economies. Clearly a book that should be in the library of every international business researcher, practitioner and student. Buckley is undoubtedly one of the best *international* business scholars, and this work is an excellent manifestation of how the discipline will never ''run out of steam''.' --Pavlos Dimitratos, University of Glasgow, UK and Academy of International Business'A terrific compilation of Buckley's latest contributions to cutting-edge topics in international business. A must read for academics working on globalization and the multinational firm. Just as important, Buckley's never-ending supply of high-quality research is an inspiration to international business scholars everywhere.'
--Ravi Ramamurti, Northeastern University, US