1970 



Keohane Robert O. and Van Doom Ooms. "The Multinational Firm and Inter- 

 national Regulation." In "World Politics and International Economics," 

 edited by C. Fred Bergsten and Lawrence B. Krause. International Organiza- 

 tion, v. 29, l<io. I, Winter 1975: IG9-212. . 

 Kindleberger, Charles P., ed. The International Corporation: a Symposium. Cam- 

 bridge, Mass., M.I.T. Press [1970] 415 p. 



Partial contents. — A theory of direct foreign investment, by R. Aliber. — 

 The efficiency and welfare implications of the international corporation, by 

 H. Johnson. — Multinational corporations and international ohgopoly: the 

 non-American challenge, by S. Hymer, and R. Rowthom. — Technology, 

 United States investment, and European economic growth, by J. Dunning. — 

 The international firm and the national jurisdiction, by S. Rubin. — The 

 multinational corporation in world petroleum, by M. Adelman. — Australia 

 as host to the international corporation, by D. Brash. 

 Mason, R. Hal., "The Multinational Firm and the Cost of Technology to Develop- 

 ing Countries." California Management Review, v. 15, Summer 1973: 5-13. 

 Points oat that multinational firms are often accused of making excessive 

 profits, charging excessive fees for technology and not providing enough 

 training or high-level jobs for nationals. The author presents a comparative 

 analysis, using data from Latin America to represent developing countries 

 and Europe and Canada to represent advanced countries, that does not 

 support these criticisms. 

 Muller, Ronald; Raymond, Vernon, and Richard J. Bamet "(More) on Multi- 

 nationals." Foreign Policy, No. 13, Winter 1973-1974: 70-122. 



Continuation of a debate in the fall 1973 issue. Muller, in "Poverty is 



the product," presents a radical critique based primarily on Latin America 



and research for a forthcoming book; Vernon gives a measured response 



to both sides in the debate; and Bamet offers a comment on Vernon. 



Negandhi, Anant R. and S. Benjamin Prasad. The Frightening Angels: A Study 



of U.S. Multinationals in Developing Nations. Kent, The Kent State Universitj'" 



Press, 1974-1975. 249 p. 



"The objectives of this book are: (1) to compare the management practices 

 of American subsidiaries with those of local business firms in five developing 

 countries; (2) to examine the implications of such comparisons with respect 

 to management theory; (3) to study the contributions made by U.S. multi- 

 nationals to the host countries and to identify some of the conflicting issues 

 between the multinationals and the developing countries . . . The book is- 

 based on the findings of a study (largely interviews) of 47 U.S. subsidiaries 

 and 45 comparable local firms in Argentina . . . ; Brazil . . . ; India . . . ; 

 Philippines . . .; and Uruguay. ... In general the authors find that 

 American subsidiaries are operated and managed at a more advanced and 

 successful level than local firms. . . . On the impact of American firms the 

 authors find that, while the U.S. subsidiaries are using advanced manage- 

 ment practices, there is very little diffusion into local enterprises. There has 

 been very little mobility of executive and supervisory personnel between the 

 U.S. subsidiaries and the local firms. The authors suggest that the U.S. 

 multinationals should play a larger role than they have in developing high- 

 managerial personnel as well as technology in the host countries as the 

 latter have so demanded." (2) 

 Penrose, Edith. "International Patenting and the Less-developed Countries. "^ 

 Economic Journal, v. 83, Sept. 1973: 768-786. 



"The cost to non-industrial countries of acceding to the [international 

 patent] Convention and accepting its provisions regarding patents on inven- 

 tions which are patented and primarily worked abroad may be considerable. 

 We must now examine the nature of these costs as well as the nature of the 

 benefits. . . ." 

 Steele, R. D. Multinational Corporations, Technology Transfer, and the Developing 

 Countries: an Introductory Bibliography. Monticello, 111., 1975. 39 p. (Council of 

 Planning Librarians. Exchange bibliography 745) 

 Sutter, Rolf. "Multinational Corporations: Technology Transfer into LDCs." 

 Intereconomics, no. 12, Dec. 1974: 380-384. 



"Multinational enterprises play an important role in the transfer of 

 technology into LDCs. The article examines the various aspects of the transfer 

 of technology and the attitude of multinational enterprises towards such 

 transfers." 



