IDEAS home Printed from https://ideas.repec.org/a/eee/iburev/v30y2021i2s0969593121000044.html
   My bibliography  Save this article

New OLI advantages in digital globalization

Author

Listed:
  • Luo, Yadong

Abstract

Digitization and globalization have converged to create a new normal of digital globalization, fortifying deeper, broader, and more intricate connections between nations, businesses, and individuals. This connectivity has redefined who participates in globalization and how international expansion unfolds. This new reality raises a series of complex issues that challenge existing IB theories and conclusions. I submit a new lens toward internationalization advantages for multinationals: new O (open resource advantage), L (linkage advantage), and I (integration advantage). While these new OLI advantages are complementary and coupled with traditional OLI (ownership, location, and internalization) advantages, digital globalization slackens conventional OLI benefits and solidifies the new ones. This article offers insights into how multinationals leverage new OLI advantages and manage global business with digital connectivity in order to improve speed, flexibility, orchestration, and efficiency for both interfirm and intrafirm activities.

Suggested Citation

  • Luo, Yadong, 2021. "New OLI advantages in digital globalization," International Business Review, Elsevier, vol. 30(2).
    • Handle: RePEc:eee:iburev:v:30:y:2021:i:2:s0969593121000044
    DOI: 10.1016/j.ibusrev.2021.101797
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0969593121000044
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ibusrev.2021.101797?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:iburev:v:30:y:2021:i:2:s0969593121000044. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/133/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.