The Origins of the International Competitiveness of Firms

The Impact of Location and Ownership in the Professional Service Industries

New Horizons in International Business series

Lilach Nachum, Professor of International Business, Baruch College, City University of New York, US

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.

‘. . . her [Nachum’s] book is an important addition to the literature on foreign direct investments.’
– Y. Aharoni, Journal of Economics/Zeitschrift für Nationalokonomie