MAJOR TRENDS OF BIG INTERNATIONAL COMPANIES DEVELOPMENT IN A CHANGING WORLD

Economic globalization and demographic changes as well rapidly changing technologies are the most important factors of the firm's environment. The rapid development of information technology radically changes the very essence of the creation of new value. The pace of technological change and in...

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Autor principal: N. Y. Konina
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RU
Publicado: MGIMO University Press 2016
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spelling oai:doaj.org-article:24c4f3cf6e5944b7bd50d676c2bfb36a2021-11-23T14:51:01ZMAJOR TRENDS OF BIG INTERNATIONAL COMPANIES DEVELOPMENT IN A CHANGING WORLD2071-81602541-909910.24833/2071-8160-2016-1-46-143-153https://doaj.org/article/24c4f3cf6e5944b7bd50d676c2bfb36a2016-02-01T00:00:00Zhttps://www.vestnik.mgimo.ru/jour/article/view/495https://doaj.org/toc/2071-8160https://doaj.org/toc/2541-9099Economic globalization and demographic changes as well rapidly changing technologies are the most important factors of the firm's environment. The rapid development of information technology radically changes the very essence of the creation of new value. The pace of technological change and innovations increases. In the most advanced sectors of global economy the knowledge is a key resource. The world economy has not finally recovered after the crisis of 2008-2009. The global economy his becoming more multicentre and the vector of economic power is shifting to China and India. The main actors and the anchor of today global economy are leading international companies (transnational corporations- TNCs). Several thousands of TNCs together with their value chain dominate the global economy. The economic power allows the largest TNCs significantly push the boundaries of the company. Globalization has changed external networks of TNCs, their corporate governance, corporate ownership as well transfer pricing schemes as well relations between the headquarter and its subsidiaries and affiliates. A remarkable feature of TNCs recent FDI flows is not Greenfield investment but mergers and acquisitions. Key features of TNC activities are defined by industry. A growing number of TNCs are changing their strategic activities, basing on the latest technology trends. The most important aspects of TNCs activities are linked to innovation, financial operations, advanced management technique, increase in intangible assets. Innovation activity of TNCs is shifting to Asia.N. Y. KoninaMGIMO University Pressarticleglobalizationthe external environmentglobal marketglobal demographic problems and ageing of populationmigrationknowledge creationtransnational corporationsmajor companiestncsdemographic problemsglobal tradeglobal value chainsexternal networkstransfer pricingcompetitivenessglobal companiesreengineering of corporate activitiesstrategyglobal efficiencyinnovationadvanced management techniquesapplegeneral electricinnovationsInternational relationsJZ2-6530ENRUVestnik MGIMO-Universiteta, Vol 0, Iss 1(46), Pp 143-153 (2016)
institution DOAJ
collection DOAJ
language EN
RU
topic globalization
the external environment
global market
global demographic problems and ageing of population
migration
knowledge creation
transnational corporations
major companies
tncs
demographic problems
global trade
global value chains
external networks
transfer pricing
competitiveness
global companies
reengineering of corporate activities
strategy
global efficiency
innovation
advanced management techniques
apple
general electric
innovations
International relations
JZ2-6530
spellingShingle globalization
the external environment
global market
global demographic problems and ageing of population
migration
knowledge creation
transnational corporations
major companies
tncs
demographic problems
global trade
global value chains
external networks
transfer pricing
competitiveness
global companies
reengineering of corporate activities
strategy
global efficiency
innovation
advanced management techniques
apple
general electric
innovations
International relations
JZ2-6530
N. Y. Konina
MAJOR TRENDS OF BIG INTERNATIONAL COMPANIES DEVELOPMENT IN A CHANGING WORLD
description Economic globalization and demographic changes as well rapidly changing technologies are the most important factors of the firm's environment. The rapid development of information technology radically changes the very essence of the creation of new value. The pace of technological change and innovations increases. In the most advanced sectors of global economy the knowledge is a key resource. The world economy has not finally recovered after the crisis of 2008-2009. The global economy his becoming more multicentre and the vector of economic power is shifting to China and India. The main actors and the anchor of today global economy are leading international companies (transnational corporations- TNCs). Several thousands of TNCs together with their value chain dominate the global economy. The economic power allows the largest TNCs significantly push the boundaries of the company. Globalization has changed external networks of TNCs, their corporate governance, corporate ownership as well transfer pricing schemes as well relations between the headquarter and its subsidiaries and affiliates. A remarkable feature of TNCs recent FDI flows is not Greenfield investment but mergers and acquisitions. Key features of TNC activities are defined by industry. A growing number of TNCs are changing their strategic activities, basing on the latest technology trends. The most important aspects of TNCs activities are linked to innovation, financial operations, advanced management technique, increase in intangible assets. Innovation activity of TNCs is shifting to Asia.
format article
author N. Y. Konina
author_facet N. Y. Konina
author_sort N. Y. Konina
title MAJOR TRENDS OF BIG INTERNATIONAL COMPANIES DEVELOPMENT IN A CHANGING WORLD
title_short MAJOR TRENDS OF BIG INTERNATIONAL COMPANIES DEVELOPMENT IN A CHANGING WORLD
title_full MAJOR TRENDS OF BIG INTERNATIONAL COMPANIES DEVELOPMENT IN A CHANGING WORLD
title_fullStr MAJOR TRENDS OF BIG INTERNATIONAL COMPANIES DEVELOPMENT IN A CHANGING WORLD
title_full_unstemmed MAJOR TRENDS OF BIG INTERNATIONAL COMPANIES DEVELOPMENT IN A CHANGING WORLD
title_sort major trends of big international companies development in a changing world
publisher MGIMO University Press
publishDate 2016
url https://doaj.org/article/24c4f3cf6e5944b7bd50d676c2bfb36a
work_keys_str_mv AT nykonina majortrendsofbiginternationalcompaniesdevelopmentinachangingworld
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