Introduction; 1: New Perspectives on International Competitiveness; 1: Multinational Corporations and Innovatory Activities: Towards a New, Evolutionary Approach; 2: The Localised Creation of Global Technological Advantage; 3: World Oligopoly, Rivalry between "Global" Firms and Global Corporate Competitiveness; 4: Market Failure and Technological Policy *; 5: International Process and Forms of Market Penetration: a Dynamic Proposal; 2: Experiences From Europe and Latin America; 6: Technological Innovation and International Competitiveness in Italy; 7: Innovation in Portuguese Manufacturing Industry; 8: Factors in the Siting and Commercial Behaviour of Multinational Companies in Spain; 9: Technological Strategies of MNCs in Intermediate Countries: The Case of Spain; 10: The TNCs' Changing Investment Strategies in the Latin American Manufacturing Sector