Abstract
The authors conducted a quasi-longitudinal investigation of U.S. multinationals' R&D, manufacturing, offshore sourcing strategies, and resultant global market performance implications, utilizing comprehensive data collected by the 1977, 1982 and 1989 benchmark surveys of U.S. direct investment abroad. Hypotheses were tested in a path analytic framework. Despite increased competition at home and abroad causing their global market share positions to weaken in recent years, U.S. multinationals have maintained, and even may have improved, their global consolidated profitability levels by skillfully exploiting their technological prowess through technology transfer and off-shore sourcing. Rapidly changing roles of U.S. parent firms and their foreign affiliates in technology development and global sourcing relationships portend a maturing, yet arduous, shift toward a global rationalization.
| Original language | English |
|---|---|
| Pages (from-to) | 115-140 |
| Number of pages | 26 |
| Journal | Journal of International Business Studies |
| Volume | 25 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - 1994 Mar 1 |
| Externally published | Yes |
ASJC Scopus subject areas
- Business and International Management
- Business, Management and Accounting(all)
- Economics and Econometrics
- Strategy and Management
- Management of Technology and Innovation