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- W1504169692 abstract "Abstract The paper presents a statistical analysis of the internal forces associated with long-run, global growth in large multinationals involved in food and drink processing. While the study focuses primarily on the 1977-88 period, it also provides supplementary evidence for 1988-94. High-levels of multinationality, especially long-run multina-tionality, tended to be associated with diminishing rates of growth. Even in a primarily multidomestic industry, firms which were able to implement global strategies or worldwide integration of the business tended to enjoy higher rates of growth. Although this industry has been traditionally considered low-tech, the ownership of specialized, knowledge-creating affiliates was associated with quick growth. The paper also tests the efficacy of different types of internalization processes. Vertical-integration with agriculture was not a characteristic associated with fast growth. The benefits of integration with retailing were not permanent and followed modifications in the environment of the MNC. Size, product diversification and profitability are also checked." @default.
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- W1504169692 date "1999-02-09" @default.
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- W1504169692 title "Growth in Food and Drink Multinationals, 1977-94" @default.
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- W1504169692 doi "https://doi.org/10.1300/j047v10n01_03" @default.
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