Re-orienting the paradigm: path dependence in FDI theory and the emerging multinationals

Volume: 14, Issue: 1, Pages: 51 - 69
Published: Jan 21, 2019
Abstract
Purpose The purpose of this paper is to analyze how path dependence in the evolution of major theories of foreign direct investment (FDI) locked in a theoretical perspective of the multinational enterprise that focused on asset-exploitation. This perspective is challenged by recent contradicting observations of multinationals from China and other emerging economies. A decisive re-orientation of FDI theory is proposed as a way forward to resolve...
Paper Details
Title
Re-orienting the paradigm: path dependence in FDI theory and the emerging multinationals
Published Date
Jan 21, 2019
Volume
14
Issue
1
Pages
51 - 69
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