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PROGRESS REPORT, CALENDAR YEAR 1970: HARVARD BUSINESS SCHOOL MULTINATIONAL ENTERPRISE PROJECT
Author(s) -
Ves Raymond
Publication year - 1970
Publication title -
jcms: journal of common market studies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.54
H-Index - 90
eISSN - 1468-5965
pISSN - 0021-9886
DOI - 10.1111/j.1468-5965.1971.tb01007.x
Subject(s) - multinational corporation , subsidiary , product (mathematics) , business , foreign direct investment , international business , scope (computer science) , management , political science , economics , finance , computer science , law , geometry , mathematics , programming language
SUMMARY This is the fifth annual progress report relating to the study of multinational enterprises at the Harvard Business School. This report is designed to provide an up‐to‐date picture of the state of the project without reference to prior annual reports. The project is thought of as the opening phase of an extended effort to understand certain aspects of the operations of the multinational enterprise. The product associated with the project when completed will consist of fourteen doctoral theses; about fifty articles in various journals and publications; and seven books. Among these books is one that synthesizes and extends the work embodied in the other publications of the project. The synthesizing volume is scheduled for publication in September 1971. The various publications are intended to illuminate the problems of the multinational enterprise in the fields of finance, organization, and business‐government relationships. At the same time, new light is being shed upon the role of multinational enterprises in international trade, capital movements, and technological transfers. The synthesizing volume also tries to relate the development of multinational enterprises to the structure of nation states, exploring where conflict may exist and adaptation may develop. Another major by‐product of the multinational enterprise study, already in existence, is an historical file tracing the development of some 11,000 foreign subsidiaries of U.S. parent companies from 1900 to 1967. These subsidiaries account for about 80 per cent of U.S. foreign direct investment. The file, which is being used extensively for various aspects of the multinational enterprise study, is also being made available to other researchers, both at the Harvard Business School and at other institutions, within the limits imposed by confidentiality commitments.