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  • 标题:Transnational Companies and Globalization. Benefits and Costs
  • 本地全文:下载
  • 作者:Magdalena Radulescu
  • 期刊名称:Ovidius University Annals: Economic Sciences Series
  • 电子版ISSN:2393-3127
  • 出版年度:2012
  • 卷号:12
  • 期号:2
  • 语种:English
  • 出版社:Ovidius University Press
  • 摘要:TNCs have several advantages over local firms in using new technologies for export activity. They have large internal reserves of skill,technical support,experience and finance to design and implement the learning process. They have access to major export markets,established marketing channels and well-known brand names. They can transfer particular components or processes from a production chain to a developing country and integrate it into an international system. Such supply-side upgrading needs government support. Moreover,a policy to induce TNCs to enter more advanced activities by offering such incentives as specialized infrastructure and skills can accelerate the upgrading process. With a completely passive policy,TNC exports can remain at low,technologically too small,levels. Thus,a TNC dependent export strategy needs a proactive element for dynamic competitiveness. More important,an FDI-dependent strategy is not a substitute for building domestic capabilities.
  • 关键词:TNCs;benefits;costs;Asian countries;FDIs.
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