Business Faculty Publications

Document Type

Article

Publication Date

8-17-2012

Publication Title

Journal of Business & Industrial Marketing

Keywords

multinational enterprise; electic paradigm; resource-advantage theory; production management; resource management; Global/International Business

Disciplines

International Business

Abstract

Purpose – This paper seeks to explicate a dynamic theory of competition, i.e. the resource-advantage theory of competition, with the aim of developing a theoretical foundation for the eclectic paradigm of foreign production. Design/methodology/approach – The paper is conceptual in approach. Findings – The paper develops a set of five criteria that should be met by any theory that attempts to ground the eclectic paradigm. In addition, it demonstrates that the resource-advantage theory of competition meets all of these criteria. Research limitations/implications – By providing a theoretical foundation for the eclectic paradigm of foreign production, the paper provides researchers with a broader perspective from which to investigate multinational enterprise competition. Originality/value – The usefulness of frameworks, such as the eclectic paradigm of foreign production, is limited when they are not grounded in positive theories. By grounding the eclectic paradigm of foreign production, this paper enhances the paradigm’s usefulness.

DOI

10.1108/08858621211257347

Version

Postprint

Volume

27

Issue

7

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