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Competitive Advantage and the Existence of the Multinational Corporation : earlier Research and the Role of Frictions

This article provides a counterpoint to Hashai and Buckley's article ?Is competitive advantage a necessary condition for the emergence of the multinational enterprise?? We agree with their conclusion that it is, in fact, not a necessary condition, but argue that the theoretical reasons behind this are different and more diverse than the ones they propose. We suggest that much extant economic theory is, in fact, consistent with their view that firms may internationalize without owning or achieving competitive advantages, and we model various other ways in which imperfections can drive their overall result. We strongly applaud Hashai and Buckley's attempt to add more rigor to international business theory and call for future work to extend this debate..Printed Journal, baca ditempat

Ketersediaan

Call NumberLocationAvailable
GSJ0401PSB lt.dasar - Pascasarjana1
Penerbit Wiley Periodicals.,
Edisi -
Subjek Competitive advantage
Multinational corporations
Transaction Costs
Mergers and Acquisitions
Trade theory
Frictions
ISBN/ISSN 20425791
Klasifikasi -
Deskripsi Fisik -
Info Detail Spesifik -
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