Features of financing the production of intellectual product of transnational corporations

2021 ◽  
pp. 69-75
Author(s):  
Svitlana Frunza ◽  
Liudmyla Romaniuk ◽  
Daria Nasypaiko
Keyword(s):  
Research And Development ◽  
Multinational Corporations ◽  
Strategic Alliances ◽  
Financial Management ◽  
Transnational Corporations ◽  
Multinational Companies ◽  
Economic Relations ◽  
Global Innovation ◽  
Innovation Economy

The purpose of the article is to study the features of financing the production of intellectual products of multinational corporations in the context of globalization. Research methodology – system-structural and comparative research (to understand the logic of financing the production of intellectual products of multinational corporations), statistical and economic analysis (in assessing the status and prospects of the role of transnational corporations). The scientific novelty is to substantiate the peculiarities of financial management in multinational companies and to determine the main aspects of international financial management, which will increase the production of intellectual products of multinational corporations and the development of international economic relations. The article identifies the distinctive features of modern multinational companies and technologically sound strategies that contribute to their economic success. The main ways to obtain long- term investments and the peculiarities of the formation of strategic alliances and their agreements are clarified. Various forms of international cooperation are considered. Conclusions. According to the results of the study, it was concluded that the role of transnational corporations is growing, which is determined by their participation in world gross domestic product, increasing the share of international movement of capital, labor and other resources. Their importance in the world economy is evidenced by the scale of foreign operations in all sectors and areas of social production. The main obstacles to the financing of multinational corporations are the disagreement of the interests of companies and governments of the host countries, taking into account economic, political, monetary, financial and legal risks. Ukraine is able to use the model of open innovation networks as a key to entering the global innovation economy in line with current trends. Keywords: transnational corporations, transnationalization, investments, innovations, research and development, research and development works.

scholarly journals FEATURES OF THE DEVELOPMENT OF TRANSNATIONAL CORPORATIONS, THEIR ROLE IN THE WORLD ECONOMY

2021 ◽  
Vol 6 (2(30)) ◽  
pp. 14-20
Author(s):  
V. N. Borobov
Keyword(s):  
World Economy ◽  
Statistical Data ◽  
Transnational Corporations ◽  
Multinational Companies ◽  
Modern World ◽  
Scientific Article ◽  
Development Indicators ◽  
The World ◽  
Further Development

The scientific article examines the nature and role of TNCs in the modern world economy. The stages of development of multinational companies with a detailed description are described in some detail. Statistical data on the development indicators of TNCs over the years are presented. Indicators of the increasing role of foreign branches of TNCs in the overall results of their operation. Activities are proposed on the strategic priorities of TNC profit generation and further development.

scholarly journals Contribution of language to the creation of corporate social capital

2019 ◽  
pp. 243-263
Author(s):  
Krishna S. Dhir
Keyword(s):  
Social Capital ◽  
Multinational Corporations ◽  
Language Skills ◽  
Multinational Companies ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
The Creation ◽  
Corporate Social ◽  
Do So

With increased globalization of trade and business in a knowledge-based economy, and increasing diversification of the workforce, there is increasing pressure on multinational companies to report, and even measure, their social capital. This article explores the role of language in the creation of corporate social capital. The language used in a corporation is an asset, which creates value and corporate social capital in the use and exchange of ideas. Linguists have long attempted to assess the value of language as a commodity, but with little success. This article offers an approach to overcome this difficulty and to measure the value of language as an element of corporate social capital. To do so, it draws an analogy between the functions of language and functions of currency. The article goes on to suggest that multinational corporations should hold a portfolio of language skills, much as it does a portfolio of currencies.

scholarly journals Scientific and technological activities of TNC: current trends and prospects

2020 ◽  
pp. 55-62
Author(s):  
Nataliia Bezrukova ◽  
Vitalii Svichkar ◽  
Ruslan Solohub
Keyword(s):  
Mergers And Acquisitions ◽  
Economic System ◽  
Multinational Corporations ◽  
Strategic Alliances ◽  
Technological Development ◽  
Current Trend ◽  
Transnational Corporations ◽  
High Tech ◽  
Current Trends ◽  
Scientific And Technological Development

In the article the authors consider the features of scientific and technological activities of transnational corporations, highlight the main trends and prospects for its development. In particular, it is emphasized that the source of modern development of society and human activity is innovation, and accordingly innovation becomes an important tool for all radical changes in human development and the economic system in general. Scientific and technological development of transnational corporations is a crucial prerequisite for ensuring their profitable activities. The purpose of the article is to analyze current trends and prospects for the development of scientific and technological activities of transnational corporations. The article examines the features of the R & D organization in multinational corporations. The dynamics of expenditures in individual leading TNCs on R&D is given. It is noted that the global nature of competition not only makes innovations more significant for TNCs, but also necessitates the search for new ways to innovate. The paper identifies the main types of technological policy, identifies the reasons for the centralization and decentralization of R & D, as well as possible risks that arise in the implementation of these policies. The experience of developed countries shows that competitiveness is ensured by a number of conditions, the main of which are the accumulated scientific and technological potential, institutional factors of technological progress and the presence of large knowledge-intensive corporations. Therefore, the current trend of scientific and technological activities of TNCs is a new wave of mergers and acquisitions (M&A). The authors present the largest mergers and acquisitions at the beginning of the XXI century. In the last two decades, as a result of the growing internationalization of research, the trend of forming strategic alliances has sharply increased, especially due to the merger of companies in such high-tech industries as pharmaceuticals, telecommunications, semiconductors, etc. Special attention is paid to analysis of the reasons for the formation of strategic alliances. It is shown that in some cases competitors become partners in strategic alliances in high-tech industries. In conclusion, it is noted that in conditions of fierce competition in both international and domestic markets, the ability of companies to operate and develop depends on their ability to create and implement innovations. It is innovations that cause continuous economic change, contribute to the dynamic development and increase the efficiency of both the economic system as a whole and individual enterprise. The scientific and technological development of corporations is the main prerequisite for ensuring and increasing their international competitiveness.

Internationalization of Chinese Research and Development

2021 ◽  
pp. 485-501
Author(s):  
Max von Zedtwitz ◽  
Xiaohong Iris Quan
Keyword(s):  
Research And Development ◽  
Developing Country ◽  
Multinational Corporations ◽  
Chinese Government ◽  
Technology Acquisition ◽  
Global Innovation ◽  
Emerging Country ◽  
Central Coordination ◽  
Innovation Community ◽  
Country Specific

The internationalization of Chinese research and development (R&D) is a fairly recent phenomenon and still ongoing process. What makes the rise of international Chinese R&D remarkable is that this is—alongside India—one of the first such endeavors by a developing country with already one of the most substantial global R&D footprints, even including Western countries. Similar motivations and challenges of earlier R&D globalization are replicated and observed also in the recent Chinese internationalization, with a few emerging country-specific nuances, such as the focus on technology acquisition through merger and acquisition (M&A) and suspected central coordination by the Chinese government, which has given rise to challenges of its own for Chinese multinational corporations (MNCs). In this respect, China seems to have been the victim of its own success; the future of Chinese R&D internationalization bears both opportunities and challenges for the global innovation community.

Human Capital of Transnational Corporations

10.12737/5963 ◽  
2014 ◽  
Vol 2 (5) ◽  
pp. 27-34
Author(s):  
Сухов ◽  
Andrey Sukhov
Keyword(s):  
Human Capital ◽  
Global Economy ◽  
Transnational Corporations ◽  
World Market ◽  
Economic Relations ◽  
Globalizing World ◽  
Technical Potential ◽  
National Economies ◽  
Principal Elements

The paper examines human capital of transnational corporations (TNC), as being nowadays the basic subjects of global economic relations and the principal elements of the global economy development. Human capital structure of TNCs is considered, specifics of its formation under the conditions of the ongoing process of production and capital transnationalization are featured. The range of TNCs’ businesses and their specific features are outlined, as well as current strategies, applied by modern TNCs, and various ways through which TNCs tap the world market in the context of globalizing world economy. The author reveals the crucial role of TNCs in developing cutting-edge technologies and scientific and technical potential of national economies, which in turn helps to develop and enhance human capital of TNCs and of international human capital as well.

The Role of the Manager in the Middle East: An Empirical Study of Multinational Companies

2019 ◽  
Vol 20 (4) ◽  
pp. 887-900
Author(s):  
Aissa Mosbah ◽  
Jaithen Alharbi ◽  
Abdulla Fetais ◽  
Ibrahim Alkandi
Keyword(s):  
Middle East ◽  
Multinational Corporations ◽  
Host Country ◽  
Home Country ◽  
Multinational Companies ◽  
Resource Dependency ◽  
Primary Data ◽  
Host Country Nationals ◽  
Number Of Factors

This article is an empirical investigation into the role of the CEO manager in the affiliates of multinational corporations operating in the Middle East. Grounded in a literature review of the reasons for employing either parent country nationals (PCNs) or host country nationals (HCNs) in top management position in foreign subsidiaries, a number of factors influencing the choice between these alternatives are identified. Using a data collected from 147 multinational companies (MNCs) operating in the Kingdom of Saudi Arabia (KSA), the influence of each of these factors on this selection is empirically tested with the help of primary data. The study proposed that the relationship between the home and host country managers could be linked to agency theory (with the ‘classical’ principal–agent relationship) and to resource dependency theory (implying relations between the branch and other partners based on interdependence). Our results show that the agency and resource dependency mechanisms are indeed used side by side and complementary to each other to exercise control. Home country managers can strategize to implement control by the informal and social means by positioning a sizeable number of managers from the home country within the subsidiary. Indeed, our results revealed this as true.

scholarly journals THE ROLE OF COORDINATION OF INDUSTRIAL POLICIES OF MEMBER STATES INTEGRATION ASSOCIATIONS IN CONDITIONS OF GLOBALIZATION

2019 ◽  
pp. 225-239
Author(s):  
V. Нursky
Keyword(s):  
International Economic ◽  
Industrial Policy ◽  
Transnational Corporations ◽  
International Integration ◽  
Industrial Policies ◽  
Economic Relations ◽  
Foreign Countries ◽  
International Economic Relations ◽  
Qualitative Changes

The article discusses the phenomenon of coordination of industrial policies as a way to resolve the conflict of modern international economic relations. The concept of modern industrial policy in the context of deepening globalization and expansion of international integration is clarified. It is proposed to expand the number of subjects of industrial policy by including transnational corporations, international financial organizations and industrial lobbies of foreign countries. The qualitative changes in the system of international economic relations due to the transformation of the interests of the subjects of industrial interaction are revealed, which increases the role of national industrial policies and causes an objective need for their interstate coordination and subordination.

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