Journal of the Korean Geographical Society (대한지리학회지)
- Volume 31 Issue 1
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- Pages.68-87
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- 1996
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- 1225-6633(pISSN)
Changes in the Multinational Corporate Networks and International Quaternary Places
多國籍企業의 네트웍과 4次産業活動 空間의 變化
- Nahm, Kee-Bom (Seoul Research Center for the 21st Century, Seoul Development Institute)
- 남기범 (서울시정개발연구원)
- Published : 1996.03.01
Abstract
This paper investigates spatio-temporal changes in the international system of linkages among multinational corporate domestic decision-making centers and their overseas subsidiary centers for the period 1974-1991. During this period advances in information technologies and an ever increasing interdependent world economy have permitted the globalization of resource transfers, production techniques, service provision and financial transactions. Based on a network theory of internationalization, the study idenifies the dispersion of multinational control centers and the diversification of their linkage patterns. These tendencies are led by small and medium sized quaternary places as well as the rapid growth of service industries. Corporate headquarters cease to be tied together to big corporate and governmental centers but will disperse over time at global, national and regional level. Using information statistics, this paper confirms the dispersion patterns of capital flows and diversification of multinational control linkages. With an increasing trend toward a multicentric world system and the associated diecline of the global hegemony of a small number of largest cities, multinational control linkages should continue to disperse.
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