Skip to main content

Political Aspects of MNE Theory

  • Chapter
The Eclectic Paradigm

Abstract

Political behavior by MNEs has usually been ignored, downplayed or passively treated in dominant economic models of the multinational enterprise. In order to remedy this lacuna, Dunning’s eclectic paradigm is expanded to integrate political dimensions in the analysis of ownership, internalization and location advantages.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Banfield, E.C. 1975. Corruption as a feature of governmental organization. Journal of Law and Economics, 18(3): 587–615.

    Article  Google Scholar 

  • Behrman, J.N. 1974. Decision criteria for foreign direct investment in Latin America. New York: Council of the Americas.

    Google Scholar 

  • — & Ashok Kapoor. 1975. International business-government communications. Lexington, MA: Lexington Books.

    Google Scholar 

  • Boddewyn, J.J. 1982. International public affairs. In Ingo Walter & Tracy Murray, eds., Handbook of international business, section 42. New York: Wiley (a new edition is coming out in 1988).

    Google Scholar 

  • —. 1985. Theories of foreign direct investment and divestment: A classificatory note. Management International Review, 25(1): 57–65.

    Google Scholar 

  • —, M. Halbrich, & A.C. Perry. Service multinationals: Conceptualization, measurement and theory. Journal of International Business Studies, 17(3): 41–57.

    Google Scholar 

  • Boisot, M.H. 1986. Markets and hierarchies in a cultural perspective. Organization Studies, 7(2): 135–58.

    Article  Google Scholar 

  • Buckley, P.J., & Mark Casson. 1976. The future of the multinational enterprise. London: Macmillan.

    Book  Google Scholar 

  • Business International. 1975. Corporate external affairs: Blueprint for survival. Geneva and New York. (J.J. Boddewyn was the main author of this, report.)

    Google Scholar 

  • Casson, Mark, 1987. The firm and the market. Cambridge, MA: MIT Press.

    Google Scholar 

  • —. 1986. General theories of the multinational enterprise: Their relevance to business history. In Peter Hertner & Geoffrey Jones, eds., Multinationals: Theory and history, 42–63. London: Gower.

    Google Scholar 

  • Corden, W.M. 1987. The relevance for developing countries of recent developments in macroeconomic theory. The World Bank Economic Observer, 2(2): 171–88.

    Article  Google Scholar 

  • Cyert, R.M. & J.G. March. 1963. A behavioral theory of the firm. Englewood Cliffs, NJ: Prentice-Hall.

    Google Scholar 

  • de la Torre, JosĂ© & D.H. Neckar. 1988. Forecasting political risks for international operations. International Journal of Forecasting, forthcoming.

    Google Scholar 

  • Doz, Yves. 1986. Strategic management in multinational companies. New York: Pergamon.

    Google Scholar 

  • Dunning, J.H. 1988a. Explaining international production. London: Allen and Unwin, 1988.

    Google Scholar 

  • —. 1988b. The eclectic paradigm of international production: A restatement and some possible extensions. Journal of International Business Studies, 19(1): 1–31.

    Article  Google Scholar 

  • —. 1985. International business in a changing world environment. Banca Nazionale del Lavoro Quarterly Review, 143: 351–74.

    Google Scholar 

  • —. 1981. International production and the multinational enterprise. London: Allen & Unwin.

    Google Scholar 

  • —. 1980. Toward an eclectic theory of international production. Journal of International Business Studies, 11(1): 9–31.

    Article  Google Scholar 

  • — & A.M. Rugman. 1985. The influence of Hymer’s dissertation on the theory of foreign direct investment. American Economic Review, 75 (2): 228–32.

    Google Scholar 

  • Fayerweather, John. 1982. International business strategy and administration. Cambridge, MA: Ballinger.

    Google Scholar 

  • Gastil, R.D. 1988. The comparative survey of freedom. Freedom at Issue, 100: 19–35.

    Google Scholar 

  • Gilpin, Robert. 1975. U.S. power and the multinational corporation; The political economy of foreign direct investment. New York: Basic Books.

    Google Scholar 

  • Hennart, J-F. 1982. A theory of the multinational enterprise. Ann Arbor, MI: University of Michigan Press.

    Google Scholar 

  • Jagannathan, N.V. 1986. Corruption, delivery systems and property rights. World Development, 14(1): 127–32.

    Article  Google Scholar 

  • Kapoor, Ashok. 1974. MNC negotiations: Characteristics and planning implications. Columbia Journal of World Business, Winter: 121–30.

    Google Scholar 

  • Kindleberger, Ch. P. 1969. American business abroad. New Haven, CT: Yale University Press.

    Google Scholar 

  • —. 1970. Power and money. New York: Basic Books.

    Book  Google Scholar 

  • Knickerbocker, F.T. 1973. Oligopolistic reaction and multinational enterprise. Boston, MA: Harvard University Press.

    Google Scholar 

  • Kogut, Bruce. 1985a. A critique of transaction cost economics as a theory of organizational behavior. Wharton School, University of Pennsylvania, Working Paper 85–05.

    Google Scholar 

  • —. 1985b. Designing global strategies: Comparative and competitive value-added chains. Sloan Management Review, 26(4): 15–28.

    Google Scholar 

  • Krueger, A.O. 1974. The political economy of the rent-seeking society. American Economic Review, 64(3): 291–303.

    Google Scholar 

  • Miles, R.H. 1982. Coffin nails and corporate strategies. Englewood Cliffs, NJ: Prentice-Hall.

    Google Scholar 

  • Moe, T.M. 1984. The new economics of organization. American Journal of Political Science, 28(4): 739–77.

    Article  Google Scholar 

  • Moran, Th. H., ed. 1985. Multinational corporations: The political economy of foreign direct investment. Lexington, MA: Lexington Books.

    Google Scholar 

  • North, D.C. 1981. Structure and change in economic history. New York: Norton.

    Google Scholar 

  • Nye, J.S. 1967. Corruption and political development: A cost-benefit analysis. American Political Science Review, 61(2): 417–27.

    Article  Google Scholar 

  • Oman, Charles. 1984. New forms of international investment in developing countries. Paris: Organization for Economic Cooperation and Development.

    Google Scholar 

  • Parsons, Talcott & N.J. Smelser. 1956. Economy and society. New York: Free Press.

    Google Scholar 

  • Pinelo, A.J. 1973. The multinational corporation as a force in Latin American politics: A case study of the International Petroleum Company in Peru. New York: Praeger.

    Google Scholar 

  • Polanyi, Karl. 1944. The great transformation. New York: Rinehart.

    Google Scholar 

  • Poynter, Th. A. 1985. Multinational enterprises and government intervention. New York: St. Martin’s Press.

    Google Scholar 

  • Rugman, A.M. 1981. Inside the multinationals: The economics of internal markets. New York: Columbia University Press.

    Google Scholar 

  • —. 1986. New theories of the multinational enterprise: An assessment of internali-zation theory. Bulletin of Economic Research, 38(2): 101–18.

    Article  Google Scholar 

  • — & Alain Verbeke. 1987. Strategic management and trade policy. Halifax, NS: Center for International Business Studies, Dalhousie University.

    Google Scholar 

  • Smelser, N.J. 1959. A comparative view of exchange systems. Economic Development and Cultural Change, 1: 173–83.

    Article  Google Scholar 

  • —. 1976. The sociology of economic life. Englewood Cliffs, NJ: Prentice-Hall.

    Google Scholar 

  • Streeck, Wolfgang & Ph. C. Schmitter. 1985. Private interest government: Beyond market and state. Beverly Hills, CA: Sage.

    Google Scholar 

  • Taylor, Philip. 1984. Nonstate actors in international politics. Boulder, CO: Westview Press.

    Google Scholar 

  • Teece, D.J. 1986. Transaction cost economics and the multinational enterprise. Journal of Economic Behavior and Organization, 7(1): 21–45.

    Article  Google Scholar 

  • Tollison, R.D. 1982. Rent seeking: A survey. Kyklos, 35(4): 575–602.

    Article  Google Scholar 

  • van der Haas, H. 1967. The enterprise in transition: An analysis of European and American practice. London: Tavistock.

    Google Scholar 

  • Vernon, Raymond. 1971. Sovereignty at bay. New York: Basic Books.

    Google Scholar 

  • Williamson, O.E. 1985. The economic institutions of capitalism. New York: Free Press.

    Google Scholar 

  • —. 1975. Markets and hierarchies. New York: Free Press.

    Google Scholar 

Download references

Authors

Editor information

Editors and Affiliations

Copyright information

© 2015 Academy of International Business

About this chapter

Cite this chapter

Boddewyn, J.J. (2015). Political Aspects of MNE Theory. In: Cantwell, J. (eds) The Eclectic Paradigm. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-137-54471-1_4

Download citation

Publish with us

Policies and ethics