IDEAS home Printed from https://ideas.repec.org/a/nwe/natrud/y2008i2p3-56.html
   My bibliography  Save this article

Theoretical Concepts for Direct Foreign Investments

Author

Listed:
  • Velko Marinov

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

The study is an attempt to outline the key theoretical models of direct foreign investments. It argues the inability of the traditional theories of the international capital migration (neo-classical, neo-Keynesian and Marxist) to adequately explain this phenomenon of modern business development. The theoretical models of direct foreign investments are represented chronologically, the core being the model of monopolistic advantages of Hymer Kindleberger. Buckley’s and Casson’s internalization models acquire crucial importance at a later stage, as well as the “eclectic” concept of J. Dunning and the model of the competitive advantage of the nations introduced by M. Porter. The paper states the multiple natures of the theoretical models of direct foreign investments and highlights the basis for criticism with regard to those.

Suggested Citation

  • Velko Marinov, 2008. "Theoretical Concepts for Direct Foreign Investments," Nauchni trudove, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 3-56, October.
    • Handle: RePEc:nwe:natrud:y:2008:i:2:p:3-56
    as

    Download full text from publisher

    File URL: http://research.unwe.bg/uploads/ResearchPapers/Research%20Papers_vol2_2008_No1_V%20Marinov.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    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:nwe:natrud:y:2008:i:2:p:3-56. 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: Vanya Lazarova (email available below). General contact details of provider: https://edirc.repec.org/data/unweebg.html .

    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.