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This important book focuses on the impact of home countries on the international competitiveness of transnational corporations (TNCs). It seeks to explain the geographic concentration of the most internationally competitive TNCs in a single or very few countries, and their uneven performance at these concentration points. The theoretical framework for this analysis is based on a link between the location advantages of countries and the ownership advantages of firms.

The book focuses on professional service TNCs as the competitive advantages of these firms are based entirely on intangible, often mobile assets, and they thus provide a striking illustration for the ways in which such assets shape the competitiveness of firms.

Analyses of TNCs in several professional service industries based in various countries reveal the dynamic balance between the home and the foreign countries in which the TNCs operate, as well as the combination of country- and firm-specific attributes in shaping the competitiveness of TNCs and the subsequent patterns of global competition.

The Origins of the International Competitiveness of Firms extends our knowledge of the determinants of the international competitiveness of TNCs, and will be of interest to scholars and students of international business and business strategy, and to those working in the fields of international competition, trade and investment.

Tabla de contenidos provista por Syndetics

• List of figures(p. x)
• List of tables(p. xi)
• Acknowledgements(p. xiii)
• 1 Introduction(p. 1)
• 1.1 A search for the origins of the international competitiveness of firms
• 1.2 The choice of professional services and the theoretical foundations(p. 4)
• 1.3 Methodological issues(p. 8)
• 1.4 Outline of the study(p. 9)
• 2 The national origin of the ownership advantages of firms: advertising agencies in the USA, the UK and France(p. 13)
• 2.1 The evolution of the concept of 'ownership advantages' and its national origin(p. 13)
• 2.2 Research questions: the similarity of ownership advantages across countries(p. 20)
• 2.3 The choice of advertising(p. 23)
• 2.4 Ownership advantages in advertising(p. 25)
• 2.5 Parameters of ownership advantages in advertising(p. 30)
• 2.6 Methodology(p. 48)
• 2.7 Statistical analysis(p. 50)
• 2.8 Conclusion and possible extensions(p. 56)
• 3 The impact of home countries on the ownership advantages of firms: an examination of the advertising industry(p. 58)
• 3.1 Home countries and ownership advantages of firms(p. 58)
• 3.2 Home countries and ownership advantages of advertising agencies(p. 68)
• 3.3 Research questions(p. 69)
• 3.4 Home country characteristics which affect the ownership advantages of advertising agencies(p. 70)
• 3.5 Methodology(p. 81)
• 3.6 Statistical analysis(p. 82)
• 3.7 Summary(p. 94)
• 4 Ownership advantages and competitiveness: a link tested on advertising agencies in the USA, the UK and France(p. 95)
• 4.1 The link between ownership advantages and competitiveness: a priori expectations(p. 95)
• 4.2 Methodology(p. 101)
• 4.3 The link between ownership advantages and competitiveness: empirical evidence(p. 102)
• 5 The strength and sustainability of the impact of home countries on the competitiveness of firms: a comparative analysis of professional service industries(p. 107)
• 5.1 Home country patterns in professional service industries(p. 107)
• 5.2 The explanatory power of location advantages of home countries and ownership advantages of firms for country patterns in professional service industries(p. 115)
• 5.3 Methodology(p. 116)
• 5.4 Statistical analysis(p. 120)
• 5.5 Summary and further suggestions(p. 131)
• 6 The impact of home versus foreign countries on the competitiveness of firms: a study of Swedish engineering consulting firms(p. 133)
• 6.1 Home versus foreign impact on the competitiveness of firms(p. 134)
• 6.2 The choice of engineering consulting(p. 135)
• 6.3 Research questions(p. 136)
• 6.4 Home versus foreign characteristics in engineering consulting(p. 141)
• 6.5 Methodology(p. 148)
• 6.6 Statistical analysis(p. 151)
• 6.7 Summary and conclusions(p. 159)
• 7 FDI and the impact of home countries on the competitiveness of firms: an examination of US professional service industries(p. 161)
• 7.1 Inward and outward FDI and the advantages of countries and firms(p. 162)
• 7.2 Statistical analysis(p. 165)
• 7.3 Conclusion and possible generalizations(p. 171)
• 8 The limitations of the impact of home countries on the competitiveness of firms and the role of individual firms: a comparison between Danish and UK management consulting firms(p. 174)
• 8.1 Market conditions in Denmark and the competitiveness of Danish professional service firms: a contradiction to be explained(p. 176)
• 8.2 The choice of management consulting(p. 177)
• 8.3 The utilization of home country resources and the international competitiveness of management consulting firms(p. 178)
• 8.4 Methodology(p. 185)
• 8.5 Statistical analysis(p. 187)
• 8.6 Conclusion and some theoretical implications of the findings(p. 198)
• 9 Conclusions(p. 200)
• 9.1 The origins of the international competitiveness of firms(p. 200)
• 9.2 The way forward: some suggestions(p. 204)
• 9.3 Implications of the study for firms and governments(p. 208)
• References(p. 211)
• Index(p. 235)

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