Extending Dunning's Eclectic Paradigm toward a Synthetic Model of FDI Performance: An Empirical Evidence in China
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초록
By reviewing the existing literature on FDI theories and FDI performance determinants, we find the necessity and possibility to develop a synthetic model to measure FDI performance. This model is not a simple combination of existing theories, but a reorganization of those theories arranged into a new theoretical framework. A logical connection between the MNC subsidiary’s ability to realize OLI advantages and the performance of FDI is found and important extensions to the OLI paradigm are made. The synthetic model is a split OLI paradigm by subcategorizing each of OLI into two elements, thereby the total of six elements. An empirical study of 13 FDI cases in China is conducted to test the model and the empirical evidences support the arguments of this new synthetic model.
Abstract
By reviewing the existing literature on FDI theories and FDI performance determinants, we find the necessity and possibility to develop a synthetic model to measure FDI performance. This model is not a simple combination of existing theories, but a reorganization of those theories arranged into a new theoretical framework. A logical connection between the MNC subsidiary’s ability to realize OLI advantages and the performance of FDI is found and important extensions to the OLI paradigm are made. The synthetic model is a split OLI paradigm by subcategorizing each of OLI into two elements, thereby the total of six elements. An empirical study of 13 FDI cases in China is conducted to test the model and the empirical evidences support the arguments of this new synthetic model.
참고문헌 (16)
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