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Using history to help refine international business theory: ownership advantages and the eclectic paradigm.

da Silva Lopes, T. (2010) Using history to help refine international business theory: ownership advantages and the eclectic paradigm. Working Paper. Department of Management Studies, University of York

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Abstract

In John Dunning’s eclectic paradigm firms need to have ownership, location, and internalisation advantages in order to cross borders and engage in foreign direct investment. By drawing on historical evidence on the evolution of a group of leading marketing-based multinationals in consumer goods, this paper claims that, despite its richness, the eclectic paradigm, and in particular the concept of ‘ownership advantages’, needs to be revised and extended, to take into account different levels of institutional analysis. For the eclectic paradigm to give a rounded view of the internationalising firm it needs to acknowledge the critical importance of firm-specific ownership advantages such as the role of the entrepreneur.

Item Type: Monograph (Working Paper)
Keywords: Dunning’s eclectic paradigm, asset ownership advantages, internalisation theory, business history, entrepreneur, multinational enterprise
Academic Units: The University of York > The York Management School
Depositing User: Repository Administrator York
Date Deposited: 24 Sep 2010 14:35
Last Modified: 17 Oct 2013 15:36
Status: Published
Publisher: Department of Management Studies, University of York
Refereed: No
Related URLs:
URI: http://eprints.whiterose.ac.uk/id/eprint/11235

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