Titlebook: Global Business in Local Culture; The Impact of Embedd Philipp Aerni Book 2018 The Author(s), under exclusive license to Springer Nature Sw

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adduction

Societal Foundations of Economic Development,es are always embedded in prior social networks. Nevertheless, the implicit assumption that the pursuit of economic interest goes at the expense of social interests is still very much present in the deliberations of well-known economists, such as Dani Rodrik, who have been inspired by the work of Ka

VICT

Neoliberalism: A Mythical and Meaningful Term Devoid of Any Deep Thought,he Cold War period to the contemporary narratives that unite anti-globalization movements today. They have in common a tendency to reduce the complexity of local stories to timeless motives and stereotypes associated with different actors that are either in favor or against the ‘good cause’.

MIRTH

nutrition

,The New Understanding of the Term ‘Embeddedness’ in Economic Sociology,l cultures and economies. The chapter illustrates how foreign investors address these coordination problems by building up a local ecosystem in which they can operate effectively, according to the theory of economic complexity. Through their commitment to local embeddedness MNEs are able to build up

预感

预感

POWER

Development Cooperation as a Catalyst for Sustainable Long-Term FDI, efforts to embed themselves into the local economy, MNEs may need the assistance of local civil society and business organizations, supported by development assistance (DA). They must help the local economy to meet the quality standards necessary to become integrated into global sustainable value c

OCTO

革新

On the General Theory of Mixed Problems,n. The discourse is characterized by the bipolar framing of ‘global business’ versus ‘local culture’. It provides meaning and orientation in affluent societies but may not be helpful in efforts to promote inclusive and sustainable growth in low-income countries.