Table of contents - 6[-]Preface - 10[-]Part I Introduction - 12[-] 1 Multinational corporations and local fi rms in emerging economies An introduction - 14[-]Part II Studies of spillovers and linkages between multinational corporations and local firms - 50[-] 2 The impact of foreign direct investment in business services on the local economy The case of Hungary - 52[-] 3 Do multinational companies transfer technology to local small and medium-sized enterprises?Th e case of the Tegal metalworking industry cluster in Indonesia - 76[-] 4 African small and medium enterprises and the challenges in global value chainsThe case of Nigerian garment enterprises - 102[-] 5 Mutual productivity spillovers and regional clusters in Eastern Europe Some empirical evidence - 124[-]Part III Policies to promote spillovers and linkages - 154[-] 6 Scope and eff ectiveness of foreign direct investment policies in transition economies* - 156[-] 7 Policies for attracting foreign direct investment and enhancing its spillovers to indigenous fi rms - 182[-] 8 Policies and institutions on multinational corporation-small and medium enterprise linkages The Brazilian case - 212[-] 9 Is attracting foreign direct investment the only route to industrial development in an era of globalization?The case of the clothing and textiles sector in South Africa - 232[-]About the authors - 268[-]Index - 274Wereldwijd erkennen beleidsmakers én wetenschappers in toenemende mate dat hechte directe en indirecte interactie tussen multinationals en lokale bedrijven essentieel is, willen buitenlandse investeringen een diepgaand, blijvend positief effect hebben op het gastland. Toch heeft de interactie tussen multinationals (MNCs) en lokale bedrijven nog rel