This collection of articles by an internationally recognised authority on the multinational enterprise contains advances in theory, examinations of organisational issues and empirical studies of multinationals in the world economy. The theory section includes an innovative paper on the role of multinationals in less developed countries.

Foreword; R.Vernon - Acknowledgements - Notes on the Other Contributors - PART 1: THEORY - Problems and Developments in the Core Theory of International Business - The Frontiers of International Business Research - Multinational Enterprises in Less Developed Countries: Cultural and Economic Interactions (with M.Casson) - PART 2: ORGANISATION - Organisational Forms and Multinational Companies - The Institutionalist Perspective on Recent Theories of Foreign Direct Investment - Alliances, Technology and Markets: A Cautionary Tale - PART 3: MULTINATIONAL ENTERPRISES IN THE WORLD ECONOMY - Joint Ventures in Yugoslavia: Opportunities and Constraints (with P.F.R.Artisien) - Swimming Against the Tide? The Strategy of European Manufacturing Investors in Japan (with H.Mirza & J.R.Sparkes) - New Multinationals for Old? The Political Economy of Japanese Internationalisation (with H.Mirza & J.R.Sparkes)