Corporations operating globally face significant challenges, particularly when it comes to safeguarding technology and intellectual property from misappropriation. Instances of foreign partners allegedly stealing technology highlight the risk of antitrust actions and the pressure to transfer technology to local firms to remain competitive.
CPC’s hostile takeover of foreign tech companies and their intellectual property
-Zhangjiagang Glory Chemical IndustryCompany executives suspected that their former Chinese partner might be stealing DuPont’s intellectual property, and the company became subject to antitrust action for its unwillingness to license its technology to a local firm
Firms will often sell or transfer technology will be amplified when it believes that if they don’t their competitors will
Corporations face many difficulties when preventing their technology and trade secrets from being misappropriated or leaked through soft coercion
Foreign firms expanding in China often don't speak out about the unfair regulatory treatment they face
Corporate leaders often cut research and development funding when shareholder activists show up at their doors.
Weak economies and job losses from the forfeiture of technological leadership have serious political and social implications. The decreased economic prowess of corporations within liberal democracies has ramifications that extend to national and international security, all the way to the survival of the global economic commons itself.
Liberal democracies like Europe, U.S. and the Indo-Pacific region must also double down on their commitment to provide sufficient financial and human resources to
Multinational Corporations and Nation States
Successful companies produce more wealth than some countries
Human Rights
MNC's v.s Local Firms
3) The more MNCs there are in a country, the less human rights are respected
2) Local firms respect human rights less if the gvt has less
strict labour laws.
1) Generally MNC's respect human rights more
than local firms. This is because they face more
pressure from the international community and
are under closer "watch" by many NGO, activists
etc. Therefore these MNC's like to keep up
appearances and maintain good SCR.
The Environment
MNCs can exploit the natural resources of a
foreign country. In some cases, like that of
Australia's mining corporations in South
Africa, work may have explicitly negative
effects on both human rights and the
environment.
