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Open Access research which pushes advances in bionanotechnology

Strathprints makes available scholarly Open Access content by researchers in the Strathclyde Institute of Pharmacy & Biomedical Sciences (SIPBS) , based within the Faculty of Science.

SIPBS is a major research centre in Scotland focusing on 'new medicines', 'better medicines' and 'better use of medicines'. This includes the exploration of nanoparticles and nanomedicines within the wider research agenda of bionanotechnology, in which the tools of nanotechnology are applied to solve biological problems. At SIPBS multidisciplinary approaches are also pursued to improve bioscience understanding of novel therapeutic targets with the aim of developing therapeutic interventions and the investigation, development and manufacture of drug substances and products.

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Penrose and the growth of multinational firms

Kay, Neil (2005) Penrose and the growth of multinational firms. Managerial and Decision Economics, 26 (2). pp. 99-112. ISSN 1099-1468

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In this paper, we look at the relationship of Penrose's theory of the growth of the firm to the multinational enterprise. We argue that one element in exploring the nature and evolution of the MNE may lie in asking the question; ‘what was there before there was the MNE?’ The answer to this may lie in examining corporate growth processes and the evolution of large firms through internal growth and external growth. By placing the MNE in the broader context of Penrosian growth processes, it may be possible to develop a fuller analysis of the globalisation of economic activity. We also argue that the potential benefits from pursuing such possible links may not just be limited to work in the international business field. By developing an approach to the multinational based on such foundations, it may be possible to contribute to understanding and analysis in areas (such as corporate growth) that have been traditionally regarded as the preserve of the industrial organisation theorists, but which have been relatively neglected by them in recent years.