Journal ArticleDOI
New theories of the multxnational enterprise: an assessment of internalization theory
About:
This article is published in Bulletin of Economic Research.The article was published on 1986-05-01. It has received 306 citations till now. The article focuses on the topics: Internalization theory.read more
Citations
More filters
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.
Journal ArticleDOI
Do Domestic Firms Benefit from Direct Foreign Investment? Evidence from Venezuela
Brian J. Aitken,Ann Harrison +1 more
TL;DR: This paper found that foreign equity participation is positively correlated with plant productivity (the "own-plant" effect), but this relationship is only robust for small enterprises and that the gains from foreign investment appear to be entirely captured by joint ventures.
Journal ArticleDOI
The Boundaries of Multinational Enterprises and the Theory of International Trade
TL;DR: In this paper, the notion of knowledge capital as a mobile, joint input into geographically separated production facilities is used to explain the preference for transferring technologies internally within the firm, rather than through arm's-length markets.
Journal ArticleDOI
Cost, value and foreign market entry mode: the transaction and the firm
TL;DR: In this article, the authors compare and contrast the mode of foreign market entry decision from the transaction cost/internalization and organizational capability perspectives, and demonstrate the implications of a shift in frame from cost to value in the analysis of decisions related to firm boundaries.
Journal ArticleDOI
Policy and Non-Policy Determinants of U.S. Equity Foreign Direct Investment
David W. Loree,Stephen Guisinger +1 more
TL;DR: This article examined the effects of policy and non-policy variables on the location of new U.S. direct investment abroad (as distinct from reinvested earnings of existing affiliates), using 1977 and 1982 Benchmark data.
References
More filters
Journal ArticleDOI
The Nature of the Firm
TL;DR: In this paper, it is shown that a definition of a firm may be obtained which is not only realistic in that it corresponds to what is meant by a firm in the real world, but is tractable by two of the most powerful instruments of economic analysis developed by Marshall, the idea of the margin and that of substitution.
Journal ArticleDOI
International Investment and International Trade in the Product Cycle
TL;DR: In this paper, the authors focus on international investment and international trade in the product cycle and argue that it is a mistake to assume that equal access to scientific principles in all the advanced countries means equal probability of the application of these principles in the generation of new products.
Journal ArticleDOI
Increasing returns, monopolistic competition, and international trade
TL;DR: The authors developed a simple, general equilibrium model of non-comparative advantage trade and showed that trade and gains from trade will occur, even between countries with identical tastes, technology, and factor endowments.
Journal ArticleDOI
International Corporations: The Industrial Economics of Foreign Investment
TL;DR: In this article, the authors argue that foreign direct investment occurs mainly in industries characterized by certain market structures in both the "lending" or home and "borrowing" (or host) countries.
Journal ArticleDOI
A Simple Theory of International Trade with Multinational Corporations
TL;DR: This article developed a simple general equilibrium model of international trade in which the location of plants in a differentiated product industry is a decision variable, which is then used to derive predictions of trade pattern, volumes of trade, the share of intra-industry trade, and the share in intra-firm trade as functions of relative country size and differences in relative factor endowments.
Related Papers (5)
The Internationalization Process of the Firm - A Model of Knowledge Development and Increasing Foreign Market Commitments
Jan Johanson,Jan-Erik Vahlne +1 more