Reflections on the Hymer thesis and the multinational enterprise☆ Export

@article{citeulike:6055173, abstract = {Understanding the economic function of the multinational enterprise remains a seminal issue. Almost half a century ago, Stephen Hymer initiated serious scholarly inquiry into the theory of multinational enterprise by positing that domestic firms needed special advantages to go global and succeed. However, he failed to fully unlock the foundations of the posited special advantages. Moreover, he sensed that multinational firms could not exist in a (theoretical) world of perfect competition, and wrongfully concluded that pernicious market power must be associated with the overseas activities of the multinational enterprise. This article examines Hymer's contributions and hints at the need for an (intangible) assets/capabilities based analysis of the multinational enterprise.}, author = {Teece, David J.}, citeulike-article-id = {6055173}, citeulike-linkout-0 = {http://dx.doi.org/10.1016/j.ibusrev.2005.11.003}, citeulike-linkout-1 = {http://linkinghub.elsevier.com/retrieve/pii/S0969593105001204}, doi = {10.1016/j.ibusrev.2005.11.003}, issn = {09695931}, journal = {International Business Review}, keywords = {enterprise, hymer, multinational, reflections, thesis}, month = {April}, number = {2}, pages = {124--139}, posted-at = {2009-11-02 04:32:56}, priority = {3}, title = {Reflections on the Hymer thesis and the multinational enterprise☆}, url = {http://dx.doi.org/10.1016/j.ibusrev.2005.11.003}, volume = {15}, year = {2006} }

TY - JOUR ID - citeulike:6055173 L3 - citeulike-article-id:6055173 N2 - Understanding the economic function of the multinational enterprise remains a seminal issue. Almost half a century ago, Stephen Hymer initiated serious scholarly inquiry into the theory of multinational enterprise by positing that domestic firms needed special advantages to go global and succeed. However, he failed to fully unlock the foundations of the posited special advantages. Moreover, he sensed that multinational firms could not exist in a (theoretical) world of perfect competition, and wrongfully concluded that pernicious market power must be associated with the overseas activities of the multinational enterprise. This article examines Hymer's contributions and hints at the need for an (intangible) assets/capabilities based analysis of the multinational enterprise. IS - 2 JF - International Business Review SN - 09695931 EP - 139 TI - Reflections on the Hymer thesis and the multinational enterprise☆ VL - 15 SP - 124 KW - enterprise KW - hymer KW - multinational KW - reflections KW - thesis AU - Teece, David PY - 2006/04// UR - http://dx.doi.org/10.1016/j.ibusrev.2005.11.003 ER -