chapter  2
Models of Corporate Development and the Multinational Corporation
Pages 19

Each of these sets of enterprises, and to a lesser extent the individual enterprises within each set, have a different magnitude of resources at their disposal and a differing degree of power in the networks of institutions and organisations which comprise their operational environments or milieux (Averitt, 1968; Benson, 1966; Karpik, 1977; Taylor and Thrift, 1980; Devine eta/., 1979). The movement of individual enterprises between these sets appears to occur predominantly by takeover and merger .1