Inside the World – Class Multinationals: A Sectoral Frame

Abstract

Background. A firm, as it develops, tends to overcome local, regional, and national business environment boundaries by expanding into global economic space. The intense dynamics of internationalization, the expansion of multinational companies from emerging economies, the presence of multinational companies owned by the state are just a few of the specificities that shape the global business environment today. In the literature, these trends have become challenging topics, both open to criticism and appreciation.

Keywords

• internalization
• foreign direct investment
• sectoral transnationalization
• emerging multinationals
• state owned multinationals