IDEAS home Printed from https://ideas.repec.org/a/ids/gbusec/v3y2001i1p20-43.html
   My bibliography  Save this article

The resource-based theory of the transnational corporation: conceptual and empirical issues

Author

Listed:
  • Christos Pitelis

Abstract

We build on the work of Edith Penrose to develop a resource-based perspective to the theory of the transnational corporation (TNC). We suggest that trans-border geographical diversification is the result of endogenous growth processes, firms' "productive opportunity", limits to domestic expansion, failed or missing markets, perceived differential opportunities abroad, and oligopolistic interaction. The choice of institutional mode (foreign direct investment, subcontracting, licensing or exporting) is due to the same factors, but also the differential control and/or transaction cost attributes of different modes.

Suggested Citation

  • Christos Pitelis, 2001. "The resource-based theory of the transnational corporation: conceptual and empirical issues," Global Business and Economics Review, Inderscience Enterprises Ltd, vol. 3(1), pages 20-43.
    • Handle: RePEc:ids:gbusec:v:3:y:2001:i:1:p:20-43
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=6164
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:gbusec:v:3:y:2001:i:1:p:20-43. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=168 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.