Cover -- Half Title -- Title Page -- Copyright Page -- Original Title Page -- Original Copyright Page -- Table of Contents -- List of Tables -- List of Figures -- 1. Introduction: The Issues -- The state of Britain and British competitiveness -- Multinationals: the global issues -- Concluding remarks -- Notes -- 2. Global Environment of International Business and the United Kingdom Position -- Multinationals and the international business position -- International business and the United Kingdom -- Inward direct investment into the UK and the competitive position -- Concluding remarks -- Notes -- 3. Impact of Inward Direct Investment on the United Kingdom -- Introduction -- Economic impact of inward direct investment -- Technology transfer and innovation -- Market structure -- Trade and balance of payments -- Employment and labour effects -- Linkage and spillover effects -- Concluding remarks -- Notes -- 4. Foreign Multinationals in the UK Assisted Areas -- Regional policy in the UK -- Growth and performance of foreign-owned manufacturing industry in the assisted areas -- The electronics industry in the assisted areas -- Concluding remarks -- Notes -- 5. Multinational Strategies and Operating Characteristics -- Some ideas on international and subsidiary strategies -- Subsidiary strategies at the British and Continental European level -- Profile of MNE strategies in the 1980s and implications for the UK -- Case examples -- Concluding remarks -- Notes -- 6. The UK Policy Response -- Introductory issues -- Attraction and regulation of inward investment in the UK -- EEC policy and inward investment in the UK -- OECD policy and inward investment in the UK -- Concluding remarks -- Notes -- 7. Conclusions and Future Directions -- The UK as host to international investment -- Impact of inward investment at national and regional levels