The Eclectic Paradigm: The Developmental Years as a Mirror on the Evolution of the Field of International Business

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Abstract

The eclectic paradigm is one of the most enduring frameworks in international business today. It is difficult to find a major area of international business thinking and research that has been unaffected, either directly or indirectly, by Dunning’s articulation of the nature of multinational enterprise (MNE) production and the factors affecting the distribution of MNE activity. His structuring of the factors underlying the choice of production location and internalization of intermediate product transactions laid the foundation for much of the research conducted over the last three decades on the distribution and character of the global operations of multinational corporations. More indirectly, the deeper questions raised by Dunning’s work, as well as the criticisms leveled at it, have spawned an ever widening array of research thought. The continuing importance of this work can be seen in the fact that, today still, even the earliest work on the eclectic paradigm continues to be cited by scholars at a fairly steady rate (see Chandy & Williams, 1994; Phene & Guisinger, 1998).1
Original languageEnglish
Title of host publicationManaging Multinationals in a Knowledge Economy
Subtitle of host publicationEconomics, Culture
EditorsJoseph C. Cheng, Michael A. Hitt
Place of PublicationBingley
PublisherEmerald Publishing Limited
Pages29-42
Number of pages14
ISBN (Electronic)9781849502344
ISBN (Print)9780762310500
DOIs
Publication statusPublished - 16 Dec 2003

Publication series

NameAdvances in International Management
Volume15
ISSN (Print)1571-5027

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