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Title Page
Copyright
서문
Contents
PART I. INTERNATIONAL BUSINESS 8
1. Business in an International Context / ENDEL J. KOLDE 11
The Industrial West 14
The Underdeveloped South 18
The Communist East 19
Summary 20
2. International Business: Form and Motivation / RICHARD N. FARMER ; BARRY M. RICHMAN 22
I. The Form of Business 22
II. The Motivation for Business 25
3. Foreign Trade or Foreign Investment / RAYMOND VERNON 28
Location of New Products 28
The Maturing Product 32
The Standardized Product 36
PART II. FOREIGN INVESTMENT: PAST AND PRESENT 41
4. The Theory of Direct Investment / Charles P. Kindleberger 47
Direct Investment as a Capital Movement 47
Control 48
Growth of the Firm 50
Monopolistic Competition 52
Goods Markets 54
Factor Markets 55
Economies of Scale 57
Government 60
Corollaries of the Monopolistic Theory of Direct Investment 61
The International Corporation and Efficiency 65
Circumstances Alter Cases 66
5. United States Investment Abroad / RAYMOND F. MIKESELL 68
U.S. Foreign Investment and the National Interest 68
6. The American Investor Abroad / RAYMOND VERNON 73
History's Echo 74
Anatomy of Hostility 76
Et, Tu, Entrepreneur? 86
Basis for Action 89
7. The Economic Impact of Private Direct Investment / JACK N. BEHRMAN 92
Effects on the Host Country 92
8. Philosophy of International Investment in the Second Half of the Twentieth Century / P. N. ROSENSTEIN-RODAN 101
I. A NEW PHILOSOPHY OF INTERNATIONAL INVESTMENT 101
II. CHANGES IN ECONOMIC STRUCTURE AND IN THE NATURE OF FOREIGN INVESTMENT 102
III. RECONCILIATION OF MICRO- AND MACRO-ECONOMIC INTERESTS IN INTERNATIONAL INVESTMENT 107
PART III. JOINT VENTURES AND LICENSING 109
9. Joint International Business Ventures / Wolfgang G. Friedmann ; George Kalmanoff 112
Definition of "Joint Ventures" 112
Legal Aspects 114
Management and Labor Problems 115
The Role of Government 116
10. Joint Ventures / ENDEL J. KOLDE 118
TYPES OF JOINT-VENTURE ENTERPRISES 124
MOTIVATION 133
11. International Joint Business Ventures in Developing Countries 142
I. Advantages and Disadvantages for local and foreign Partners in the five Aspects of Management 144
II. The Contents of Agreements 153
III. Difficulties confronting International Joint Business Ventures-Asian Experience 157
12. Foreign Licensing / ENDEL J. KOLDE 163
Types of Licensing Arrangements 165
Other Nonequity Affiliations 173
PART IV. MULTINATIONAL ENTERPRISE 175
13. Multinational Companies: Concepts and Antecedents / ENDEL J. KOLDE 178
Definition of Multinational Enterprise 179
Evolution of the Multinational Enterprise 182
14. Multinational Companies: Recent Expansion / ENDEL J. KOLDE 191
Post-World War II International Expansion 191
Reasons for International Business Expansion 194
15. Divergent Concepts of the Multinational Enterprise / JACK N. BEHRMAN 204
16. The Tortuous Evolution of the Multinational Corporation / HOWARD V. PERLMUTTER 217
A Rose by Any Other Name... 219
State of mind 220
Home Country Attitudes 221
Host Country Orientation 223
A World-Oriented Concept 224
The EPG Profile 226
Forces Toward and Against 227
Costs, Risks, Payoffs 230
Window Dressing 232
A Geocentric Man-? 233
PART V. CONFLICTS OF INTEREST 235
17. Multinational Enterprise: the Way to Economic Internationalism / JACK N. BEHRMAN 238
Ability of the Enterprise to Control 240
Legitimacy of Power 241
Responsibility 243
Governmental Responses 246
18. The International Corporation / CHARLES P. KINDLEBERGER 251
National, Multinational, or International? 251
The International Corporation in a World of Governments with Positive Purposes 255
Harmonizing Policies with Respect to the International Corporation 260
The International Corporation and the Nation-State 264
19. Restrictions by Host Governments / JACK N. BEHRMAN 266
Entry Regulations 266
Restrictions on Behavior 269
Regulation of Ownership and Control 271
Prevention of Interference 276
Obstacles To Restrictive Policies 278
PART VI. LEGAL PROBLEMS 283
20. Governmental Policies and Legal Factors / WOLFGANG G. FRIEDMANN ; GEORGE KALMANOFF 286
Capital-Exporting Countries 286
Capital-Importing Countries 290
21. Intergovernmental Agreements / JACK N. BEHRMAN 299
Harmonization of Laws 300
Withdrawal of Jurisdiction 307
Adjudication of Disputes 309
22. Foreign Investment and National Interest / Chan-Jin Kim 314
I. Introduction 314
II. Issues Underlying Foreign Investment 315
III. Evaluation of the Foreign Investment Law of Korea[원문불량;p.315] 322
IV. Harmonization of Conflicting Interests 326
V. Recommendations for Legislative Action 333
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