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Evolutionary understanding of corporate foreign investment behaviour : US foreign direct investment in Europe

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Author Info
Hagedoorn ,John
Narula ,Rajneesh (MERIT)

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Abstract

Evolutionary understanding of behaviour of firms is gradually becoming more accepted in a variety of disciplines such as economics, management and organization. Contributing to a multi-disciplinary understanding of strategic behaviour, this paper analyzes foreign direct investment strategies of US firms in Europe since the second world war. Taking routinized investment behaviour, satisficing strategies and learning economies as major building blocks of an emerging theoretical framework the analysis follows the ’lagged co-evolution’ of company investment strategies and changing international economic environments.

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Paper provided by Maastricht : MERIT, Maastricht Economic Research Institute on Innovation and Technology in its series Research Memoranda with number 001.

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Date of creation: 1995
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Handle: RePEc:dgr:umamer:1995001

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Keywords: international economics and trade;

References listed on IDEAS
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  1. William H Davidson, 1980. "The Location of Foreign Direct Investment Activity: Country Characteristics and Experience Effects," Journal of International Business Studies, Palgrave Macmillan Journals, vol. 11(2), pages 9-22, June. [Downloadable!] (restricted)
  2. Teece, David J. & Rumelt, Richard & Dosi, Giovanni & Winter, Sidney, 1994. "Understanding corporate coherence : Theory and evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 23(1), pages 1-30, January. [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. Narula,Rajneesh, 2002. "The implications of growing cross-border interdependence for systems of innovation," Research Memoranda 019, Maastricht : MERIT, Maastricht Economic Research Institute on Innovation and Technology. [Downloadable!]
  2. Lall, Sanjaya & Narula,Rajneesh, 2004. "FDI and its role in economic development: Do we need a new agenda?," Research Memoranda 019, Maastricht : MERIT, Maastricht Economic Research Institute on Innovation and Technology. [Downloadable!]
  3. John Cantwell, Rajneesh Narula, 2001. "The Eclectic Paradigm in the Global Economy," International Journal of the Economics of Business, Taylor and Francis Journals, vol. 8(2), pages 155-172, July. [Downloadable!] (restricted)
  4. Rajneesh Narula, 2004. "Understanding absorptive capacities in an "innovation systems" context consequences for economic and employment growth," DRUID Working Papers 04-02, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies. [Downloadable!]
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