Journal of International Business Studies

, Volume 39, Issue 1, pp 167–176

Stephen Hymer's contribution to international business scholarship: an assessment and extension


DOI: 10.1057/palgrave.jibs.8400328

Cite this article as:
Dunning, J. & Pitelis, C. J Int Bus Stud (2008) 39: 167. doi:10.1057/palgrave.jibs.8400328


We assess Stephen Hymer's contribution to the theory of the multinational enterprise and to international business (IB) scholarship. We focus on Hymer's evolving analytical framework, and assess it in terms of its internal consistency and in the light of the shifting global landscape and scholarly thinking. We also extend Hymer's framework, revisit his predictions, and conclude by questioning his canonical status within the IB profession.


Stephen HymerMNEsFDIvalue capturevalue creationlearning

Copyright information

© Academy of International Business 2008

Authors and Affiliations

  1. 1.University of ReadingUK
  2. 2.Rutgers UniversityUSA
  3. 3.Centre for International Business and Management (CIBAM), Judge Business School, University of CambridgeUK