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dc.contributor.authorPitelis, Christos N.
dc.date.accessioned2019-01-16T05:23:06Z
dc.date.available2019-01-16T05:23:06Z
dc.date.issued2007
dc.identifier.citationhttps://adu.on.worldcat.org/oclc/5749251863en_US
dc.identifier.urihttps://dspace.adu.ac.ae/handle/1/1467
dc.descriptionPitelis, C. (2007). Edith Penrose and a learning-based perspective on the MNE and OLI. Management International Review, 47(2), 207-219.en_US
dc.description.abstractThis paper applies 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. The paper suggests that Penrose's knowledge/learning-based approach has important implications on the nature of, and the interactions between, O, L and I, and it helps endogenize and integrate the three elements of Dunning's triad in the context of a dynamic, and strategic perspective of the MNE. More importantly, a learning-based perspective adds a cognitive dimension to the MNE and OLI. This supports a forward looking, synchronic decision making view, that may lead to apparently sub-optimal decisions, taken in view of anticipated changes, alongside strategic behavior, aiming to effect such change, once decisions have been reached. A Penrosean-inspired knowledge/learning-based perspective helps render the OLI more dynamic, strategic and forward looking.en_US
dc.language.isoenen_US
dc.publisherSpringeren_US
dc.subjectPenrosen_US
dc.subjectLearningen_US
dc.subjectMNEen_US
dc.subjectOLIen_US
dc.titleEdith Penrose and a Learning-Based Perspective on the MNE and OLIen_US
dc.typeArticleen_US
dc.identifier.doihttps://doi.org/10.1007/s11575-007-0012-6


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