Includes bibliographical references and indexes.

Differentiating strategies in accordance with cultural differences -- Coping with new concerns about corruption and fraud -- Adopting an ethics code and corporate social responsibility (CSR) : why, what, and how? -- Social capital : implications for entrepreneurship and innovation -- Strengthening the firm's knowledge capabilities -- Investing in new technologies -- Industry structure as a determinant of profitability -- Comparing nations as investment locations -- Adjusting to economic volatility -- Analyzing and evaluating political risks -- Seizing opportunities in privatization and regulatory changes -- Ongoing impacts of trade and investment agreements -- Summary and conclusion.