IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/17812_2.html
   My bibliography  Save this book chapter

From FDI to the MNE: Hymer and the roots of ownership advantage

In: The Development of International Business

Author

Listed:
  • .

Abstract

Firstly outlines aspects of Hymer’s critique of the macro-level theory of FDI. Then points to how elements of this critique point not only to the need for a ‘new’ micro-level theory of the MNE but also how they feed directly into aspects of this new theory; FDI requires firms with unique sources of firm-specific competitiveness (Dunning’s ownership advantages); it is most likely to occur in concentrated market structures. Proceeds to develop the concept of OAs; usually these are intangible attributes that are expensive to create and inexpensive to use once possessed. Then shows how this can feed into the model of MNEs’ prevalence in concentrated-industry markets and to oligopoly-based competition.

Suggested Citation

  • ., 2017. "From FDI to the MNE: Hymer and the roots of ownership advantage," Chapters, in: The Development of International Business, chapter 2, pages 13-25, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:17812_2
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/view/9781786439970.00006.xml
    Download Restriction: no
    ---><---

    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:elg:eechap:17812_2. 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: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    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.