International Business and the Eclectic Paradigm: Developing the OLI Framework

by John Cantwell (Editor), Rajneesh Narula (Editor)

Overview

The eclectic paradigm has arguably become the dominant theoretical basis in the study of FDI, multinational corporations and internationalisation over the last two decades. The contributions to this volume evaluate the eclectic paradigm in the global economy and its validity as a theoretical basis to understand developments such as economic globalization and the subsequent growth of global and alliance capitalism.

Product Details

ISBN-13:	9781138864030
Publisher:	Taylor & Francis
Publication date:	12/23/2014
Series:	Routledge Studies in International Business and the World Economy
Pages:	320
Product dimensions:	6.12(w) x 9.19(h) x (d)

About the Author

John Cantwell is Professor of International Business at Rutgers University, USA (from 2002), while on leave of absence as Professor of International Economics at the University of Reading, UK. His main research areas are the analysis of corporate technological change and international business. He is the author of Technological Innovation and Multinational Corporations (1989). Rajneesh Narula is Professor at the Department of International Economics and Management (INT) at the Copenhagen Business School, and at the Centre for Technology, Innovation and Culture (TIK), University of Oslo.

Table of Contents

1. The eclectic paradigm in the global economy. John Cantwell and Rajneesh Narula 2. The eclectic (OLI) paradigm of international production: Past, present and future. John H. Dunning 3. New Institutional Economics: An organising framework for OLI. Elizabeth Maitland and Stephen Nicholas 4. FDI and endogenous growth: IB perspectives. Terutomo Ozama and Sergio Castello 5. The co-evolutional advantage: Strategic management theory and the eclectic paradigm. Anoop Madhok and Anupama Phene 6. From OLI to OLMA: Incorporating higher levels of environmental and structural complexity into the eclectic paradigm. Stephen Guisinger 7. From a theory to a paradigm: Examining the eclectic paradigm as a framework in international economics 8. Managerial beliefs, market contestability and dominant strategic orientation in the eclectic paradigm. Timothy M. Devinney, David F. Midgley and Sunil Venaik 9. The Micro-Mechanics of foreign operations' performance: an analysis based on the OLI-framework. Gabriel R.G. Benito and Sverre Tomassen 10. The eclectic paradigm and the recognition of finance-specific factors. Lars Oxelheim , Trond Randøy and Arthur Stonehill 11. The challenge of electronic markets for international business theory. John H. Dunning and Cliff Wymbs 12. The recent globalisation of the italian banking sector. An interpretation based on the ecelctic paradigm. Lucia Piscitello 13. OLI:a critical reflection and some conclusions. Lorraine Eden

Editorial Reviews

'It provides a welcome assessment of the contribution of the paradigm to IB scholarship, as well as focusing on current developments and extensions.' - Journal of International Business Studies

From the Publisher