2008
DOI: 10.1057/palgrave.jibs.8400421
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Formalizing internationalization in the eclectic paradigm

Abstract: The paper presents a simple general equilibrium model that formalizes internationalization in the eclectic paradigm based on a reconfiguration of concepts taken from the new classical economics literature. The model enables us to address simultaneously the role of ownership, location and internalization advantages, and their interaction, in the emergence of the multinational enterprise (MNE) through a set of mathematical inequalities. Our model offers a bridge between the detached perceptions of the MNE often … Show more

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Cited by 60 publications
(59 citation statements)
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References 43 publications
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“…It also highlights the growing importance of geographical and spatial dimensions for strategic decisions, especially for the optimization of the value chain. This analysis shows that the existing conceptual frameworks need to be integrated into a more general framework that makes it possible to understand the complex issues associated with location (Buckley & Hashai, 2009;Dunning, 2009).…”
Section: Resultsmentioning
confidence: 99%
“…It also highlights the growing importance of geographical and spatial dimensions for strategic decisions, especially for the optimization of the value chain. This analysis shows that the existing conceptual frameworks need to be integrated into a more general framework that makes it possible to understand the complex issues associated with location (Buckley & Hashai, 2009;Dunning, 2009).…”
Section: Resultsmentioning
confidence: 99%
“…Comme le suggèrent Buckley et Hashai (2009) et Dunning (2009, les cadres conceptuels existants devraient être intégrés dans un cadre plus général qui permettrait de comprendre les questions complexes liées à la localisation des activités. Par ailleurs, des analyses pluridisciplinaires permettraient d'avancer dans la compréhension des straté-gies de localisation et de leurs enjeux, à la fois pour les entreprises et pour les territoires d'accueil.…”
Section: Resultsunclassified
“…La empresa va a invertir en aquellos mercados en los que pueda hacer valer su valor diferencial (Buckley y Hashai, 2009).…”
Section: Promoción De Inversiones Directas En El Extranjerounclassified