| | TABLE OF CONTENTS: LIST OF TABLES AND FIGURES ix
PREFACE xi
CHAPTER 1 National Firms in Global Commerce 3
The Appearance of Convergence 4
Innovation and the State 6
Domestic Structures, Multinational Corporate Strategies 7
Overview of the Book 10
CHAPTER 2 States and Firms: Conventional Images, Complex Realities 11
The Nature of MNCs 11
Global-Local Politics 14
The Policy Context 18
CHAPTER 3 National Foundations of Multinational Corporate Activity (I) 22
Corporate Governance and Finance 22
Comparative Analysis of the United States, Germany and Japan, 24
CHAPTER 4 National Foundations of Multinational Corporate Activity (II) 59
Innovation Systems 60
Investment Systems 74
Structural Context and Multinational Corporate Behavior 83
CHAPTER 5 The Strategic Behavior of MNCs 84
Technology and Commerce 84
Direct Investment and Intrafirm Trade 115
Interaction of Corporate Investment, Trade, and Innovation 133
CHAPTER 6 Corporate Diversity and Public Policy 138
Globalization at Bay 138
The Politics of Deepening Economic Integration 142
Public Policy and Increasing Complexity 144
NOTES 151
SELECTED BIBLIOGRAPHY 183
INDEX 189
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