This paper presents empirical evidence to assess the extent to which multinational corporations are deriving an increasing share of their competitive advantages from abroad. The evidence is analyzed in the context of the Porter diamond, incorporating both firm, industry and national level...

This article argues that a focus on the institutional underpinnings of multinational enterprise (MNE) strategy and behavior is not only consistent with the emerging literature on dynamic capabilities, but it also serves to highlight the unique role played by MNEs in generating new organizational...

In his perceptive and easily readable autobiography, John Dunning walks the reader through the four seasons of his professional and private life. With just the right touch of humour, he recounts his boyhood experience during the eventful days of the Second World War, his three-year spell in the...

In this paper we examine three distinct types of ownership advantages, and argue that these are associated with three different kinds of limits to the growth of the firm. For some firms, the inability to regenerate its asset‐based advantages is critical, while for others, the inability to...

The Structural Foundations of International Finance examines the ways in which national economies, especially those of industrialized countries, are affected by the operations of international financial markets. Although these markets provide productive funding, there is also much speculative...

As national economies become more closely linked, the value of more active corporate and policy level cooperation is becoming increasingly recognised. This book promotes the concept of alliance capitalism – a spirit of collegial entrepreneurship – as a means to facilitate more...

The fairness of institutions of global economic governance ranks among the most pressing issues of our time. Most approaches to understanding the complex structure of treaties and intergovernmental organizations such as the WTO tend to uncritically accept an economic focus, highlighting gains...