<abstract xmlns="http://www.w3.org/1999/xhtml"><p>The main purpose of this paper is to study the influence of home-multinational enterprises on country global competitiveness and to determine how this influence changes with the stage of country competitiveness. Based on the regression model, Variance Inflation Factor test and Agglomerative Hierarchical Clustering method, we analyzed the WEF Global Competitiveness Index 2017–2018 of those countries whose multinational firms were included into the Forbes Global 2000 list of 2017. The findings highlighted the important role of home-MNEs as determinants of countries‘ competitiveness, however MNE-related contribution of different pillars and components of the Global Competitiveness Index vary, depending on the stage of competitiveness of the studied 58 countries.</p></abstract>

The main purpose of this paper is to study the influence of home-multinational enterprises on country global competitiveness and to determine how this influence changes with the stage of country competitiveness. Based on the regression model, Variance Inflation Factor test and Agglomerative Hierarchical Clustering method, we analyzed the WEF Global Competitiveness Index 2017–2018 of those countries whose multinational firms were included into the Forbes Global 2000 list of 2017. The findings highlighted the important role of home-MNEs as determinants of countries‘ competitiveness, however MNE-related contribution of different pillars and components of the Global Competitiveness Index vary, depending on the stage of competitiveness of the studied 58 countries.

The Relationship between the Country‘s Global Competitiveness and its National MNEs

Visegrad Journal on Bioeconomy and Sustainable Development

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

The main purpose of this paper is to study the influence of home-multinational enterprises on country global competitiveness and to determine how this...

The Relationship between the Country‘s Global Competitiveness and its National MNEs

Published Online: Sep 22, 2020

Page range: 87 - 92

DOI: https://doi.org/10.2478/vjbsd-2019-0017

Keywords
global competitiveness, multinational firm, correlation, clustering

© 2019 Inga Aleksandrovna Mezinova et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

The Relationship between the Country‘s Global Competitiveness and its National MNEs

Published Online: Sep 22, 2020

Page range: 87 - 92

DOI: https://doi.org/10.2478/vjbsd-2019-0017

Keywordsglobal competitiveness, multinational firm, correlation, clustering

© 2019 Inga Aleksandrovna Mezinova et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Keywords
global competitiveness, multinational firm, correlation, clustering