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All Journal As-Salam: Jurnal Studi Hukum Islam & Pendidikan Best Journal (Biology Education, Sains and Technology) JURISY: Jurnal Ilmiah Syariah Maqamat: Jurnal Ushuluddin dan Tasawuf
Mohamad Solihin, Mohamad
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Religion Agriculture, Biological Sciences & Forestry Biochemistry, Genetics & Molecular Biology Computer Science & IT Economics, Econometrics & Finance Education Immunology & microbiology Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Public Health Social Sciences

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Journal : As-Salam: Jurnal Studi Hukum Islam

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THE RISE OF MULTINATIONAL CORPORATION AND THE DEAD OF INNOVATION: A Interdiscipline Approach Solihin, Mohamad
AS-SALAM Vol 2, No 2 (2013): PEMIKIRAN ULAMA KLASIK TERHADAP PENDIDIKAN & HUKUM
Publisher : LP3M STAI DARUSSALAM LAMPUNG

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Abstract

The article presents the rise of multinational corporation effect towardinnovation in globalization era and how islamic economics viewsthem—as an alternative perspective in analyzing this problem. “Therise of multinational corporatian reduces the product innovation”. It is aassumption and appears as an interpretation to market-mechanism. Thethesis will elaborate in the paper. It means that innovation reduction iscaused by multinational corporation product following market trend. Thethesis, indeed, corrobates John Xiros Cooper’s theory. “The market is simplyan economic mechanism which has no extraordinary powers to shift theground of thinking and knowing in any general sense. It is merely, they willsay, a mechanism for allocating resources among producers, a mechanismfor the setting of commodity prices, for distributing goods, for adding value,for raising capital to sustain enterprise, and so on.” Wrote Xiros Cooper.To understand the reason why multinational corporation rising makesinnovation weak will use sociological approach, especially epistemology ofmarket—Xiros Cooper theory.Keywords : MNC (multinational corporat), market mechanism, marketculture and innovation.
Co-Authors Ahmad Khumaidi Fauzi Ahmad Muda Naimah, Unaimatun Sehba, Tania Nafisah Syafi’i, Imam Wati, Winda