Multinational Enterprise Theory
1st Edition
Published on 18. December 2007
Book
Hardback
1088 pages
978-1-4129-3513-5 (ISBN)
Description
The study of multinational enterprises that invest and control business activities in multiple countries is a cornerstone of international business scholarship. This major work is the first of its kind to collate, in three carefully structured volumes, the key writing of leading researchers of multinational enterprise theory. Selected by two of the most acclaimed and respected academics in the field, the seminal articles in this collection focus on core issues. Volumes include:
VOLUME I: The Multinational Enterprise:
Defining the Multinational Enterprise, Multinational versus Domestic Firms, Reactive Motivations for Foreign Direct Investment.
VOLUME II: Internationalization Process of the MNE:
Proactive Motivations for Foreign Direct Investment, The Internationalization Process, Modes of Entry, Emerging MNC Forms.
VOLUME III: Organizational Structure and Control:
Organizational Structure, Location of Decision Making, Forms of Operations.
VOLUME I: The Multinational Enterprise:
Defining the Multinational Enterprise, Multinational versus Domestic Firms, Reactive Motivations for Foreign Direct Investment.
VOLUME II: Internationalization Process of the MNE:
Proactive Motivations for Foreign Direct Investment, The Internationalization Process, Modes of Entry, Emerging MNC Forms.
VOLUME III: Organizational Structure and Control:
Organizational Structure, Location of Decision Making, Forms of Operations.
Reviews / Votes
"The quality of the included articles and intelligence of the editorialframework assure that we have a comprehensive handbook of theories on
MNEs. It achieves the impossible - both tremendous breath and depth in
covering theories applied in International Business. The book is a must
for all students of globalization and firms cross border activities."
Professor Torben Pedersen, Center for Strategic Management and Globalization,
Copenhagen Business School
'MULTINATIONAL ENTERPRISE THEORY by Krug and Daniels is the definitive collection of readings on the theory of the multinational enterprise. Key topic areas -- defining the MNE, multinationals versus domestic firms, reactive and proactive motives for FDI, going international, modes of entry, new MNE forms, organizational structures, knowledge flows, decision making and forms of operation -are all covered here. Bringing together classic articles and more recent work from a wide range of journals and books, the editors have assembled a wonderful smorgasbord for doctoral students, faculty members and others interested in the history and current status of the field of international business studies. Enjoy!
Professor Lorraine Eden, A&M University in College Station, Texas
More details
Series
Edition
Third Edition
Language
English
Place of publication
Thousand Oaks
United States
Target group
Professional and scholarly
Dimensions
Height: 234 mm
Width: 156 mm
Weight
2040 gr
ISBN-13
978-1-4129-3513-5 (9781412935135)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Persons
Jeffrey Krug teaches strategic management and international business in the Ph.D., Executive MBA, MBA, and undergraduate programs at Virginia Commonwealth University. He is also an adjunct professor of international management at the University of Munster in Germany. He was named Outstanding Instructor of the Year by the University of Illinois Executive MBA program in 2003 and 2000. He also received the Faculty Service Award from the Executive MBA program for his work leading consulting projects in Europe with such companies as Porsche, Volkswagen, Caterpillar, Warsteiner, Deutsche Telekom, BASF, and Bertelsmann. Before entering academia, Dr. Krug was manager of planning & analysis in Latin America for PepsiCo's Kentucky Fried Chicken International division. Krug's research focuses on mergers and acquisition, corporate strategy, corporate governance, top management team effectiveness, and global strategy. His articles have been published in Harvard Business Review, Strategic Management Journal, California Management Review, Journal of World Business, Journal of Management & Governance, Journal of International Management, and other related journals
Content
Volume One
The Multinational Enterprise
PART ONE: DEFINING THE MULTINATIONAL ENTERPRISE (MNE)
The Nature and Scope of Multinational Enterprise - Franklin R Root
The Multinational Enterprise as an Economic Organization - Richard E Caves
PART TWO: MULTINATIONAL VERSUS DOMESTIC FIRMS
A: International Diversification
Investor Recognition of Corporate International Diversification - Tamir Agmon and Donald R Lessard
Investment Performance of U S-Based Multinational Companies - Raj Aggarwal
Comments and a Perspective on International Diversification of Real Assets
B: Multinationality and Firm Performance
Effects of International Diversity and Product Diversity on the Performance of Multinational Firms - Stephen Tallman and Jiatao Li
Multinationality and Firm Performance - Ki C Han, Suk Hun Lee and David Y Suk
The Evidence from Canadian Firms on Multinational Diversification and Performance - Ike Mathur, Manohar Singh and Kimberly C Gleason
The Relationship between Multinationality and the Performance of Taiwan Firms - Yi-Chein Chiang and Tzu-Hui Yu
International Diversification and Firm Performance in Mexican Firms - Douglas E Thomas
A Curvilinear Relationship?
C: Capital Structure
Multinational Corporations versus Domestic Corporations - Kwang Chul Lee and Chuck C Y Kwok
International Environmental Factors and Determinants of Capital Structure
The Determinants of Capital Structure for Australian Multinational and Domestic Corporations - Shumi Akhtar
PART THREE: REACTIVE MOTIVATIONS FOR FOREIGN DIRECT INVESTMENT (FDI)
A: Horizontal and Vertical Integration
Managing Manufacturing Rationalization within Multinational Companies - Yves L Doz
Multinational Enterprises and Wage Costs - Henrik Braconier, Pehr-Johan Norb[um]ack and Dieter Urban
Vertical FDI Revisited
An Empirical Assessment of the Proximity-Concentration Trade-off between Multinational Sales and Trade - S Lael Brainard
B: Resource- and Knowledge-Seeking Motives
The Persistance of Distance? The Impact of Technology on MNE Motivations for Foreign Investment - Lilach Nachum and Srilata Zaheer
Investing for Strategic Resources and Its Rationale - Ping Deng
The Case of Outward FDI from Chinese Companies
C: Oligopolistic Reaction
Oligopolistic Reactions in European and Canadian Direct Investment in the United States - Edward Brown Flowers
D: Agglomeration and Regional Clustering
Host Country Characteristics and Agglomeration in Foreign Direct Investment - Pontus Braunerhjelm and Roger Svensson
Growth and Agglomeration - Philippe Martin and Gianmarco I P Ottaviano
Agglomeration Economies, Firm Heterogeneity and Foreign Direct Investment in the United States - Myles J Shaver and Fredrick Flyer
Volume Two
Internationalization Process of the MNE
PART FOUR: PROACTIVE MOTIVATIONS FOR FOREIGN DIRECT INVESTMENT (FDI)
A: Monopolistic Advantage Theory
The Influence of Hymer's Dissertation on the Theory of Foreign Direct Investment - John H Dunning and Alan M Rugman
The Theory of Direct Investment - Charles P Kindleberger
The Efficiency and Welfare Implications of the International Corporation - Harry G Johnson
B: Appropriability and Internalization Theories
The Theory of the International Firm - John C McManus
Information and the Multinational Corporation - Stephen P Magee
An Appropriability Theory of Direct Foreign Investment
New Theories of the Multinational Enterprise - Alan M Rugman
An Assessment of Internalization Theory
C: Eclectic Theory
The Eclectic (OLI) Paradigm of International Production - John H Dunning
Past, Present and Future
D: Product Life Cycle (PLC) Theory
International Investment and International Trade in the Product Cycle - Raymond Vernon
PART FIVE: THE INTERNATIONALIZATION PROCESS
A: Risk and Commitment
Minimizing the Risks of Moving Abroad - John G McDonald
The Internationalization Process of the Firm - Jan Johanson and Jan-Erik Vahlne
A Model of Knowledge Development and Increasing Foreign Market Commitments
B: Political, Economic and Social Risk
The Environmental Determinants of Foreign Direct Manufacturing Investment - Stephen J Kobrin
An Ex Post-Empirical Analysis
U S Joint Ventures in China - John D Daniels, Jeffrey Krug and Douglas Nigh
Motivation and Management of Political Risk
New Institutional Economics and FDI Location in Central and Eastern Europe - Robert Grosse and Len J Trevino
PART SIX: MODES OF ENTRY
A: Entry Mode Choice
The Effect of National Culture on the Choice of Entry Mode - Bruce Kogut and Harbir Singh
Trade, Foreign Direct Investment or Acquisition - Theo Eicher and Jong Woo Kang
Optimal Entry Modes for Multinationals
Liability of Foreignness and Entry Mode Choice - Tain-Jy Chen
Taiwanese Firms in Europe
B: Timing of Entry
A Theory of Foreign Investment - H Jalilian
Possibility Modes and Timing
PART SEVEN: EMERGING MNC FORMS
Global Start-ups - Benjamin M Oviatt and Patricia Phillips McDougall
Entrepreneurs on a Worldwide Stage
Born Global or Gradual Global? Examining the Export Behaviour of Small- and Medium-Sized Enterprises - Oystein Moen and Per Servais
B: Small- and Medium-Sized Enterprises (SME)
SME Internationalization and Performance - Jane W Lu and Paul W Beamish
Growth versus Profitability
SME Internationalization Research - Mitja Ruzzier, Robert D Hisrich and Bostjan Antoncic
Past, Present and Future
Volume Three
Organizational Structure and Control
PART EIGHT: ORGANIZATIONAL STRUCTURE
Organizational Structure and the Multinational Strategy - Lawrence E Fouraker and John M Stopford
Strategy and Structure - Joachim Wolf and William G Egelhoff
Extending the Theory and Integrating the Research on National and International Firms
The Influence of Organizational Structure on the Information Received by Corporate Strategists of Multinational Enterprises - Bruce T Lamont et al
Interpreting the Impact of Culture on Structure - Kate Walsh
The Role of Change Processes
Emotional Intelligence - Thomas Sy and Stephanie Cote
A Key Ability to Succeed in the Matrix
Emerging Structural Patterns within Multinational Corporations - Thomas W Malnight
Toward Process-Based Structures
PART NINE: KNOWLEDGE FLOWS AND DECISION-MAKING
How Do Mulinational Companies Leverage Technological Competencies? Moving from Single to Interdependent Explanations - Morten T Hansen and Bjorn Lovas
A New Perspective on the Integration - Responsiveness Pressures Confronting Multinational Firms - Sunil Venaik, David F Midgley and Timothy M Devinney
Strategic Upstream and Downstream Considerations for Effective Global Performance Management - Charles M Vance
The Management of Information and Managers in Subsidiaries of Multinational Corporations - Lai Hong Chung, Patrick T Gibbons and Herbert P Schoch
National Culture, Networks and Individual Influence in a Mulitnational Management Team - Jane E Salk and Mary Yoko Brannen
Reinventing Strategies for Emerging Markets - Ted London and Stuart L Hart
Beyond the Transnational Model
PART TEN: FORMS OF OPERATIONS
Attitudes and Motivations - Emile Benoit
The Impact of Firm and Industry Characteristics on Technology Licensing - YoungJun Kim
Brands across Borders - Chekitan Dev, Krishna M Erramilli and Sanjeev Agarwal
Determining Factors in Choosing Franchising of Management Contracts for Entering International Markets
Equity Control and the Survival of International Joint Ventures - Jane W Lu and Louis Herbert
A Contingency Approach
Investors' Resources and Management Participation in International Joint Ventures - Yanni Yan and John Child
A Control Perspective
Trust across Borders - Srilata Zaheer and Akbar Zaheer
The Multinational Enterprise
PART ONE: DEFINING THE MULTINATIONAL ENTERPRISE (MNE)
The Nature and Scope of Multinational Enterprise - Franklin R Root
The Multinational Enterprise as an Economic Organization - Richard E Caves
PART TWO: MULTINATIONAL VERSUS DOMESTIC FIRMS
A: International Diversification
Investor Recognition of Corporate International Diversification - Tamir Agmon and Donald R Lessard
Investment Performance of U S-Based Multinational Companies - Raj Aggarwal
Comments and a Perspective on International Diversification of Real Assets
B: Multinationality and Firm Performance
Effects of International Diversity and Product Diversity on the Performance of Multinational Firms - Stephen Tallman and Jiatao Li
Multinationality and Firm Performance - Ki C Han, Suk Hun Lee and David Y Suk
The Evidence from Canadian Firms on Multinational Diversification and Performance - Ike Mathur, Manohar Singh and Kimberly C Gleason
The Relationship between Multinationality and the Performance of Taiwan Firms - Yi-Chein Chiang and Tzu-Hui Yu
International Diversification and Firm Performance in Mexican Firms - Douglas E Thomas
A Curvilinear Relationship?
C: Capital Structure
Multinational Corporations versus Domestic Corporations - Kwang Chul Lee and Chuck C Y Kwok
International Environmental Factors and Determinants of Capital Structure
The Determinants of Capital Structure for Australian Multinational and Domestic Corporations - Shumi Akhtar
PART THREE: REACTIVE MOTIVATIONS FOR FOREIGN DIRECT INVESTMENT (FDI)
A: Horizontal and Vertical Integration
Managing Manufacturing Rationalization within Multinational Companies - Yves L Doz
Multinational Enterprises and Wage Costs - Henrik Braconier, Pehr-Johan Norb[um]ack and Dieter Urban
Vertical FDI Revisited
An Empirical Assessment of the Proximity-Concentration Trade-off between Multinational Sales and Trade - S Lael Brainard
B: Resource- and Knowledge-Seeking Motives
The Persistance of Distance? The Impact of Technology on MNE Motivations for Foreign Investment - Lilach Nachum and Srilata Zaheer
Investing for Strategic Resources and Its Rationale - Ping Deng
The Case of Outward FDI from Chinese Companies
C: Oligopolistic Reaction
Oligopolistic Reactions in European and Canadian Direct Investment in the United States - Edward Brown Flowers
D: Agglomeration and Regional Clustering
Host Country Characteristics and Agglomeration in Foreign Direct Investment - Pontus Braunerhjelm and Roger Svensson
Growth and Agglomeration - Philippe Martin and Gianmarco I P Ottaviano
Agglomeration Economies, Firm Heterogeneity and Foreign Direct Investment in the United States - Myles J Shaver and Fredrick Flyer
Volume Two
Internationalization Process of the MNE
PART FOUR: PROACTIVE MOTIVATIONS FOR FOREIGN DIRECT INVESTMENT (FDI)
A: Monopolistic Advantage Theory
The Influence of Hymer's Dissertation on the Theory of Foreign Direct Investment - John H Dunning and Alan M Rugman
The Theory of Direct Investment - Charles P Kindleberger
The Efficiency and Welfare Implications of the International Corporation - Harry G Johnson
B: Appropriability and Internalization Theories
The Theory of the International Firm - John C McManus
Information and the Multinational Corporation - Stephen P Magee
An Appropriability Theory of Direct Foreign Investment
New Theories of the Multinational Enterprise - Alan M Rugman
An Assessment of Internalization Theory
C: Eclectic Theory
The Eclectic (OLI) Paradigm of International Production - John H Dunning
Past, Present and Future
D: Product Life Cycle (PLC) Theory
International Investment and International Trade in the Product Cycle - Raymond Vernon
PART FIVE: THE INTERNATIONALIZATION PROCESS
A: Risk and Commitment
Minimizing the Risks of Moving Abroad - John G McDonald
The Internationalization Process of the Firm - Jan Johanson and Jan-Erik Vahlne
A Model of Knowledge Development and Increasing Foreign Market Commitments
B: Political, Economic and Social Risk
The Environmental Determinants of Foreign Direct Manufacturing Investment - Stephen J Kobrin
An Ex Post-Empirical Analysis
U S Joint Ventures in China - John D Daniels, Jeffrey Krug and Douglas Nigh
Motivation and Management of Political Risk
New Institutional Economics and FDI Location in Central and Eastern Europe - Robert Grosse and Len J Trevino
PART SIX: MODES OF ENTRY
A: Entry Mode Choice
The Effect of National Culture on the Choice of Entry Mode - Bruce Kogut and Harbir Singh
Trade, Foreign Direct Investment or Acquisition - Theo Eicher and Jong Woo Kang
Optimal Entry Modes for Multinationals
Liability of Foreignness and Entry Mode Choice - Tain-Jy Chen
Taiwanese Firms in Europe
B: Timing of Entry
A Theory of Foreign Investment - H Jalilian
Possibility Modes and Timing
PART SEVEN: EMERGING MNC FORMS
Global Start-ups - Benjamin M Oviatt and Patricia Phillips McDougall
Entrepreneurs on a Worldwide Stage
Born Global or Gradual Global? Examining the Export Behaviour of Small- and Medium-Sized Enterprises - Oystein Moen and Per Servais
B: Small- and Medium-Sized Enterprises (SME)
SME Internationalization and Performance - Jane W Lu and Paul W Beamish
Growth versus Profitability
SME Internationalization Research - Mitja Ruzzier, Robert D Hisrich and Bostjan Antoncic
Past, Present and Future
Volume Three
Organizational Structure and Control
PART EIGHT: ORGANIZATIONAL STRUCTURE
Organizational Structure and the Multinational Strategy - Lawrence E Fouraker and John M Stopford
Strategy and Structure - Joachim Wolf and William G Egelhoff
Extending the Theory and Integrating the Research on National and International Firms
The Influence of Organizational Structure on the Information Received by Corporate Strategists of Multinational Enterprises - Bruce T Lamont et al
Interpreting the Impact of Culture on Structure - Kate Walsh
The Role of Change Processes
Emotional Intelligence - Thomas Sy and Stephanie Cote
A Key Ability to Succeed in the Matrix
Emerging Structural Patterns within Multinational Corporations - Thomas W Malnight
Toward Process-Based Structures
PART NINE: KNOWLEDGE FLOWS AND DECISION-MAKING
How Do Mulinational Companies Leverage Technological Competencies? Moving from Single to Interdependent Explanations - Morten T Hansen and Bjorn Lovas
A New Perspective on the Integration - Responsiveness Pressures Confronting Multinational Firms - Sunil Venaik, David F Midgley and Timothy M Devinney
Strategic Upstream and Downstream Considerations for Effective Global Performance Management - Charles M Vance
The Management of Information and Managers in Subsidiaries of Multinational Corporations - Lai Hong Chung, Patrick T Gibbons and Herbert P Schoch
National Culture, Networks and Individual Influence in a Mulitnational Management Team - Jane E Salk and Mary Yoko Brannen
Reinventing Strategies for Emerging Markets - Ted London and Stuart L Hart
Beyond the Transnational Model
PART TEN: FORMS OF OPERATIONS
Attitudes and Motivations - Emile Benoit
The Impact of Firm and Industry Characteristics on Technology Licensing - YoungJun Kim
Brands across Borders - Chekitan Dev, Krishna M Erramilli and Sanjeev Agarwal
Determining Factors in Choosing Franchising of Management Contracts for Entering International Markets
Equity Control and the Survival of International Joint Ventures - Jane W Lu and Louis Herbert
A Contingency Approach
Investors' Resources and Management Participation in International Joint Ventures - Yanni Yan and John Child
A Control Perspective
Trust across Borders - Srilata Zaheer and Akbar Zaheer