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The Eclectic (OLI) Paradigm of International Production: Past, Present and Future

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Author Info
John H. Dunning
Abstract

This article describes the origins, and traces the subsequent evolution of the eclectic paradigm from the mid-1950s to the present day. It does so in the light of the changing characteristics of MNE activity and of the global economic scenario. The article concludes by asserting that the eclectic paradigm still remains a powerful and robust framework for examining contextual specific theories of foreign direct investment and international production.

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Article provided by Taylor and Francis Journals in its journal International Journal of the Economics of Business.

Volume (Year): 8 (2001)
Issue (Month): 2 (July)
Pages: 173-190
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Handle: RePEc:taf:ijecbs:v:8:y:2001:i:2:p:173-190

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Related research
Keywords: Eclectic Paradigm Mnes Strategy International Production Alliances;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Markusen, James R, 1995. "The Boundaries of Multinational Enterprises and the Theory of International Trade," Journal of Economic Perspectives, American Economic Association, vol. 9(2), pages 169-89, Spring. [Downloadable!] (restricted)
  2. Walter Kuemmerle, 1999. "The Drivers of Foreign Direct Investment into Research and Development: An Empirical Investigation," Journal of International Business Studies, Palgrave Macmillan Journals, vol. 30(1), pages 1-24, March. [Downloadable!] (restricted)
  3. Christian Bellak, 2000. "The Investment Development Path of Austria," Department of Economics Working Papers wuwp075, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]
  4. Helpman, Elhanan, 1985. "Multinational Corporations and Trade Structure," Review of Economic Studies, Blackwell Publishing, vol. 52(3), pages 443-57, July. [Downloadable!] (restricted)
  5. Oxelheim, L. & Randoy, T. & Stonehill, A., 2001. "On the Treatment of Finance-Specific Factors within the OLI Paradigm," Research Institute of Industrial Economics Working Papers 554, Research Institute of Industrial Economics (IFN).
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  6. James R. Markusen, 1998. "Multinational Firms, Location and Trade," The World Economy, Blackwell Publishing, vol. 21(6), pages 733-756, 08. [Downloadable!] (restricted)
  7. John Dunning & Chang-Su Kim & Jyh-Der Lin, 2001. "Incorporating Trade into the Investment Development Path: A Case Study of Korea and Taiwan," Oxford Development Studies, Taylor and Francis Journals, vol. 29(2), pages 145-154. [Downloadable!] (restricted)
  8. John H Dunning, 1995. "Reappraising the Eclectic Paradigm in an Age of Alliance Capitalism," Journal of International Business Studies, Palgrave Macmillan Journals, vol. 26(3), pages 461-491, September. [Downloadable!] (restricted)
  9. Dunning, John H, 1973. "The Determinants of International Production," Oxford Economic Papers, Oxford University Press, vol. 25(3), pages 289-336, November. [Downloadable!] (restricted)
  10. John Dunning, 1981. "Explaining the international direct investment position of countries: Towards a dynamic or developmental approach," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 117(1), pages 30-64, March. [Downloadable!] (restricted)
  11. Markusen, James R. & Venables, Anthony J., 1998. "Multinational firms and the new trade theory," Journal of International Economics, Elsevier, vol. 46(2), pages 183-203, December. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Steven Globerman & Daniel Shapiro, 2004. "Assessing International Mergers And Acquisitions As A Mode Of Foreign Direct Investment," International Finance 0404009, EconWPA. [Downloadable!]
  2. Ugur Karakaplan & Bilin Neyapti & Selin Sayek, 2005. "Aid and Foreign Direct Investment: International Evidence," Working Papers 2005/12, Turkish Economic Association. [Downloadable!]
    Other versions:
  3. Joseph A. Clougherty & Michal Grajek, 2006. "The Impact of ISO 9000 Diffusion on Trade and FDI: A New Institutional Analysis," Discussion Papers 179, SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich. [Downloadable!]
    Other versions:
  4. Akgungor, Sedef & Fitzpatrick, Ellen T., 2004. "The Synergy Between Subsector Competitiveness And Regional Development: The Case Of Turkey And The Tomato Subsector," 2004 Annual meeting, August 1-4, Denver, CO 20330, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  5. Fathi Ali & Norbert Fiess & Ronald MacDonald, 2008. "Do Institutions Matter for Foreign Direct Investment?," Working Papers 2008_26, Department of Economics, University of Glasgow. [Downloadable!]
  6. Bruce A. Blonigen, 2005. "A Review of the Empirical Literature on FDI Determinants," NBER Working Papers 11299, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  7. John H. Dunning, Cliff Wymbs, 2001. "The Challenge of Electronic Markets for International Business Theory," International Journal of the Economics of Business, Taylor and Francis Journals, vol. 8(2), pages 273-301, July. [Downloadable!] (restricted)
  8. Varma, Sumati, 2008. "International venturing emerging paradigms - a study of the Indian IT industry," MPRA Paper 14028, University Library of Munich, Germany. [Downloadable!]
  9. George Anastassopoulos & Fragkiskos Filippaios & Paul Phillips, 2007. "An ‘eclectic’ investigation of tourism multinationals’ activities: Evidence from the Hotels and Hospitality Sector in Greece," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 08, Hellenic Observatory, LSE. [Downloadable!]
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