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The MNC versus the GTC :comparison of their environments and strategies

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Authors

Cho, Dong Sung

Issue Date
1985-06
Publisher
서울대학교 경영대학 경영연구소
Citation
경영논집, Vol.19 No.2, pp. 45-79
Keywords
45-79
Description
1985-06
Abstract
Japan established national trading companies during the 1880s as a means of achieving economic independence and in the 1900s used these companies to internationalize its domestic industries. Japaness trading companies served to consolidate and export the products of domestic manufacturers, which otherwise lacked the capabilities independently to penetrate overseas markets. In contrast, manufacturing companies in the US and Europe sought internationalization of their operations individually, and only after having established themselves in their domestic markets. Instead of relying on trading companies, the preferred method was direct investment, leading to the emergence of multinational corporations.
ISSN
1229-0491
Language
English
URI
https://hdl.handle.net/10371/54015
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