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Local partners in a foreign country and in a joint venture with an MNE are likely to make decisions that maximize the value of the subsidiary. Such actions probably will not maximize the value of the entire firm.
Sensitive Period
A point in development when organisms are particularly susceptible to certain kinds of stimuli in their environments, but the absence of those stimuli does not always produce irreversible consequences.
Synaptic Pruning
The process during brain development where extra neurons and synaptic connections are eliminated to increase the efficiency of neuronal transmissions.
Neurons
Specialized cells of the nervous system that transmit signals throughout the body; key components in the function of the brain, spinal cord, and peripheral nerves.
Axons
Long, threadlike parts of nerve cells along which impulses are conducted from the cell body to other cells.
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