The importance of being … transnational

What is it about?

The paper argues that the advantages of multinationality derive from the differences in regulatory regimes between nation-states and specifically from laws and regulations regarding the following: labour and social security; industrial policy; taxation; environmental regulations. The paper takes the lead from Forsgren and Yamin ‘The MNE as the “Crown of Creation”: a Commentary on Mainstream Theories of Multinational Enterprises’ and accepts that the MNE can be seen as the ‘Crown of Creation’. It argues that the advantages of multinationality must be sought outside rather than within the firm itself. Implications for policies, research agendas and theory

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