This sixth volume in the Academy of International Buiness Series presents leading-edge research on contemporary themes in international business. Part one explores several of the major issues that currently face multinational enterprises: government policy, the Asia crisis, knowledge and technology management, corporate-subsidiary relations, strategies for small firms and the impact of the technological revolution. Part Two of the volume examines the impact of foreign direct investment, FDI. Written by a range of international contributors, a key focus of these papers is the particular issues relating to foreign investment in the emerging markets of Central and Eastern Europe and South-East Asia.

CARLA M.MILLAR is Director, Flexible Master Programme, Department of Strategy and International Business, City University Business School.

ROBERT M.GRANT is Professor of Management at City University Business School and at Georgetown University.

CHONG JU CHOI is Professor, Department of Strategy and International Business, City University Business School.