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The Role of the Institution-Based Theory and the Resource-Based Theory in the Evolution of Multi-national Enterprises or International Business in General

In: Proceedings of the 3rd International Conference on Economic Development and Business Culture (ICEDBC 2023)

Author

Listed:
  • Xiaomeng Tian

    (Queen Mary University of London
    Macau University of Science and Technology)

  • Xiaoge Zheng

    (Queen Mary University of London
    Macau University of Science and Technology)

Abstract

His paper’s research inquiry pertains to the implications of the Institution-Based Theory (IBT) and the Resource-Based Theory (RBT) on Multi-National Enterprises (MNE) and International Business (IB). This study examines the impact of International Business Transactions (IBT) on Foreign Direct Investment (FDI) as well as Offshoring and Outsourcing (O/O) through the lens of both formal and informal institutions. This paper delves into the application of RBT by managers to foster the growth of MNEs, with a focus on human and technological resources. Further research is conducted to explore this topic. The findings suggest that an analysis of the role of International Business Teams (IBT) and Resource-Based Theory (RBT) can contribute to the partial facilitation of Multinational Enterprises (MNEs) and International Businesses (IBs) development. The successful development of multinational enterprises (MNEs) may be facilitated by the establishment and efficacy of a comprehensive international trade organization system.

Suggested Citation

  • Xiaomeng Tian & Xiaoge Zheng, 2024. "The Role of the Institution-Based Theory and the Resource-Based Theory in the Evolution of Multi-national Enterprises or International Business in General," Advances in Economics, Business and Management Research, in: Shehnaz Tehseen & Mohd Naseem Niaz Ahmad & Rafia Afroz (ed.), Proceedings of the 3rd International Conference on Economic Development and Business Culture (ICEDBC 2023), pages 458-463, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-246-0_55
    DOI: 10.2991/978-94-6463-246-0_55
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