The entrepreneur, ownership advantages and the eclectic paradigm

Teresa da Silva Lopes

doi:10.1108/1525383X201000011

The entrepreneur, ownership advantages and the eclectic paradigm

Teresa da Silva Lopes

The York Management School

Research output: Contribution to journal › Article › peer-review

Abstract

According to John Dunning’s eclectic paradigm, firms need to have ownership, location, and internalization advantages in order to cross borders and engage in foreign direct investment. By drawing on historical evidence on the evolution of a group of leading marketing-based multinationals in consumer goods, this paper claims that, despite its richness, the eclectic paradigm, and in particular the concept of “ownership advantages,” needs to be revised and extended to take into account different levels of institutional analysis. For the eclectic paradigm to give a rounded view of the internationalizing firm, it needs to acknowledge the critical importance of firm-specific ownership advantages, such as the role of the entrepreneur.

Original language	English
Pages (from-to)	71-88
Number of pages	18
Journal	Multinational Business Review
Volume	18
Issue number	2
DOIs	https://doi.org/10.1108/1525383X201000011
Publication status	Published - 2010

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10.1108/1525383X201000011

Cite this

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