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...