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Journal ArticleDOI

A Note on the Transnational Solution and the Transaction Cost Theory of Multinational Strategic Management

TLDR
In this article, the authors assess the extent to which the results of Bartlett and Ghoshal's [1989] work can be incorporated in what has now become one of the core explanations of multinational strategic management.
Abstract
This article assesses the extent to which the results of Bartlett and Ghoshal's [1989] work can be incorporated in what has now become one of the core explanations of multinational strategic management, i.e., the transaction cost-based theory of international production. We demonstrate that the transaction cost approach fully incorporates the empirical findings of Bartlett and Ghoshal's work. To do so requires that we make a new distinction between location-bound and non-location-bound firm-specific advantages. In addition, three possible uses of country-specific advantages by multinational enterprises need to be identified. While the transnational solution, as proposed by Bartlett and Ghoshal, is not itself a new theory of multinational strategic management, it is compatible with the transaction cost-based model of multinational strategic management.

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Citations
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A perspective on regional and global strategies of multinational enterprises

TL;DR: For example, this paper found that 80.3% of the world's largest MNEs are based in the triad of NAFTA, the European Union and Asia, and that the majority of their sales are concentrated in these three markets.
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Multinational Subsidiary Evolution: Capability and Charter Change in Foreign-Owned Subsidiary Companies

TL;DR: This paper developed models such as the heterarchy (Hedlund, 1986) and the transnational (Bartlett and Ghoshal, 1989) to reflect the critical role played by many subsidiaries in their corporations' competitiveness.
Journal ArticleDOI

Subsidiary‐specific advantages in multinational enterprises

TL;DR: In this article, the internal patterns of competence building in the multinational enterprise (MNE), with a focus on the creation of capabilities in its foreign subsidiaries, are discussed, and a new framework is presented to synthesize 10 types of MNE-subsidiary linkages leading to capability development.
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Transforming disadvantages into advantages: developing-country MNEs in the least developed countries

TL;DR: In this article, the advantages and disadvantages of developing-country multinational enterprises (MNEs) in comparison with developed-country MNEs are analyzed in the least developed countries (LDCs) with poorer regulatory quality and lower control of corruption.
Journal ArticleDOI

Building firm-specific advantages in multinational corporations: the role of subsidiary initiative

TL;DR: A central theme of much of the recent literature on the strategy of the multinational corporation (MNC) is the increasingly important role played by subsidiary companies as contributors to the development of firm-specific advantages.
References
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Book

The competitive advantage of nations

TL;DR: The Need for a New Paradigm as discussed by the authors is the need for a new paradigm for the competitive advantage of companies in global industries, as well as the dynamics of national competitive advantage.
Journal ArticleDOI

The Economic Institutions of Capitalism

TL;DR: The Economic Institutions of Capitalism as mentioned in this paper is a seminal work in the field of economic institutions of capitalism. Journal of Economic Issues: Vol. 21, No. 1, pp. 528-530.
Book

Managing Across Borders: The Transnational Solution

TL;DR: Bartlett and Ghoshal as mentioned in this paper argue that success in global strategy is as much a function of the ability to organize and manage as it is the ability of creating a sound strategy.
Journal ArticleDOI

The Eclectic Paradigm of International Production: A Restatement and Some Possible Extensions

TL;DR: The authors reviewed some of the criticisms directed towards the eclectic paradigm of international production over the past decade, and restates its main tenets, concluding that it remains a robust general framework for explaining and analysing not only the economic rationale of economic production but many organisational and impact issues in relation to MNE activity as well.
Book

Bullying at School: What We Know and What We Can Do

Dan Olweus
TL;DR: In this paper, the authors present an overview of intervention programs for bullying in Norway and Sweden, focusing on three levels of intervention: the individual level: serious talks with the bully, the teacher level, and the class level.