Essays in Honour of Keith Cowling
Edited by Michael Waterson
Chapter 4: Internationalism and Economic Development: Transnational Corporations, Small Firm Networking and Universities
4. Internationalism and economic development: transnational corporations, small ﬁrm networking and universities Roger Sugden 1. INTRODUCTION A frequently advocated policy for economic development relies on ‘free markets’ and emphasises a prominent role for large, typically transnational corporations. This approach leads to ‘strategic failures’, production governed in narrow self-interest with adverse consequences for societies. In contrast, an alternative suggests that strategic decision making in production be characterised by economic democracy, the prospect for which requires an analysis of certain sorts of clusters and networks. Underlying these alternatives is a choice between diﬀerent forms of internationalism. One is based on economic activity characterised by a transverse structure, a mere crossing of nations without intending to meet the aims and objectives of the peoples of particular localities. The other is founded on a multinational perspective, a coming together based on and respecting diﬀerent desires, experiences, histories, traditions, cultures and competencies. This chapter illustrates these possibilities in the context of strategies for internationalisation in a particular sector – education, more speciﬁcally universities. Two models are considered. The ﬁrst is based upon copying and serving large corporations. It is argued that adoption of this approach would imply signiﬁcant failures in the educational process. In the extreme, it would result in a world with a small number of ﬁrst-tier universities that fail to serve the interests of the communities and societies in which they operate. The second is a type of networking, a socalled multinational web. This draws on the behaviour of some...
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.