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Any firm that owns, has a lasting interest in or controls assets and structures in more than one country can be called a transnational corporation TNC. It is a wider concept than foreign direct investment FDI since it includes non-equity business participation in another country.
A note of caution has to be added, however. TNCs may control trans-border business operations by non-equity involvement such as licensing. In the case of licensing, a TNC must be assured that the goods or services provided conform to the original quality standards. Theoretical aspects reasons, forms, impact, policy of foreign direct investment are considered with the support of numerous examples.
Get Access or Sign In Register. Advanced Search Help. Previous Chapter Next Chapter. Chapter Foreign direct investment and transnational corporations. Miroslav N. Restricted access. You are not authenticated to view the full text of this chapter or article. Access options Get access to the full article by using one of the access options below. Other access options. Personal login Log in with your Elgar Online account. Evolutionary Spatial Economics.
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