"Foreign-owned firms (FoFs) can have significant implications in terms of employment, income and technology for the national economies involved. This book compares domestic and foreign-owned firms, and looks at the performance of FoFs in several countries. It also includes an in-depth study of sources of comparative advantage for FoFs, and discusses implications for the host economies." "Contributors take a broad view of research approaches, focusing on the use of firm-specific data from France, Germany, Austria and Sweden. They conclude that, although foreign-ownership matters, the real difference is not between FoFs and national firms but between multinational and domestic firms." "This book is an importance resource in the ongoing debate on the effects of globalization."--Jacket.