Pitelis, Christos (2007): Edith Penrose and a learning-based perspective on the MNE and OLI. Published in: Management International Review , Vol. 47, No. 2 (2007): pp. 207-219.
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We apply insights from Edith Penrose’s work to extant theory of the multinational enterprise (MNE) as enveloped by John Dunning’s Ownership, Location, Internalization (OLI) Paradigm. We suggest that Penrose’s knowledge-based approach has important implications on the nature of, and the interactions between, O, L and I. Importantly, the resource/knowledge-based perspective of Penrose helps endogenize and integrate the three elements of Dunning’s triad in the context of a dynamic, strategic and forward-looking knowledge-based perspective of the MNE.
|Item Type:||MPRA Paper|
|Original Title:||Edith Penrose and a learning-based perspective on the MNE and OLI|
|Keywords:||Penrose, Learning, MNE, OLI|
|Subjects:||L - Industrial Organization > L0 - General
M - Business Administration and Business Economics; Marketing; Accounting > M0 - General
|Depositing User:||Christos Pitelis|
|Date Deposited:||11. Aug 2010 11:03|
|Last Modified:||12. Feb 2013 13:27|
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