Global Oligopolistic Competition and Multinational Corporations: A Strategic Interation Perspective on Foreign Direct Investment

Michael W. Hansen; Anne Kristin Hoenen

Global Oligopolistic Competition and Multinational Corporations: A Strategic Interation Perspective on Foreign Direct Investment

Wirtschaftsuniversität Wien (WU)

Publikation: Bidrag til bog/antologi/rapport › Konferenceabstrakt i proceedings › Forskning › peer review

Abstract

The contemporary International Business (IB) literature has ’forgotten’ a key insight of the early foreign direct investment (FDI) literature, namely that FDI often is driven by strategic interaction of multinational corporations (MNCs) in oligopolistic industries. Instead, the IB literature has focused, first on FDI as a way to generate efficiency in cross border transactions, and later on FDI as a way to leverage and build capabilities across borders. In recent decades we have however seen a profound concentration at the global level so that more and more industries can be characterized as global oligopolies. We argue that in this situation there is a pertinent need to ‘rediscover’ the strategic interaction perspective on FDI, but now from a global perspective. Based on early insights of the Industrial Organization FDI tradition as well as on more recent insights from Global Strategic Management, we position the strategic interaction perspective in relation to more conventional perspectives on FDI and develop a typology of generic FDI strategies in global oligopolistic industries.

Originalsprog	Engelsk
Titel	Proceedings of the 55th Annual Meeting of the Academy of International Business
Redaktører	Patricia McDougall-Covin, Tunga Kiyak
Udgivelsessted	East Lansing, MI
Forlag	Academy of International Business
Publikationsdato	2013
Sider	241
Status	Udgivet - 2013
Begivenhed	AIB 2013 Annual Meeting : Bridging the Divide: Linking IB to Complementary Disciplines and Practice - Sabancı University, Koç University, and Özyeğin University, Istanbul, Tyrkiet Varighed: 3 jul. 2013 → 6 jul. 2013 Konferencens nummer: 55 http://aib.msu.edu/events/2013/

Konference

Konference	AIB 2013 Annual Meeting
Nummer	55
Lokation	Sabancı University, Koç University, and Özyeğin University
Land/Område	Tyrkiet
By	Istanbul
Periode	03/07/2013 → 06/07/2013
Internetadresse	http://aib.msu.edu/events/2013/

Navn	Academy of International Business. Annual Meeting. Proceedings
Vol/bind	55
ISSN	2078-4430

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Citationsformater

Hansen, M. W., & Hoenen, A. K. (2013). Global Oligopolistic Competition and Multinational Corporations: A Strategic Interation Perspective on Foreign Direct Investment. I P. McDougall-Covin, & T. Kiyak (red.), Proceedings of the 55th Annual Meeting of the Academy of International Business (s. 241). Academy of International Business. http://aib.msu.edu/events/2013/pdfs/AIB2013_Proceedings.pdf

Hansen, Michael W. ; Hoenen, Anne Kristin. / Global Oligopolistic Competition and Multinational Corporations : A Strategic Interation Perspective on Foreign Direct Investment. Proceedings of the 55th Annual Meeting of the Academy of International Business. red. / Patricia McDougall-Covin ; Tunga Kiyak. East Lansing, MI : Academy of International Business, 2013. s. 241 (Academy of International Business. Annual Meeting. Proceedings, Bind 55).

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abstract = "The contemporary International Business (IB) literature has {\textquoteright}forgotten{\textquoteright} a key insight of the early foreign direct investment (FDI) literature, namely that FDI often is driven by strategic interaction of multinational corporations (MNCs) in oligopolistic industries. Instead, the IB literature has focused, first on FDI as a way to generate efficiency in cross border transactions, and later on FDI as a way to leverage and build capabilities across borders. In recent decades we have however seen a profound concentration at the global level so that more and more industries can be characterized as global oligopolies. We argue that in this situation there is a pertinent need to {\textquoteleft}rediscover{\textquoteright} the strategic interaction perspective on FDI, but now from a global perspective. Based on early insights of the Industrial Organization FDI tradition as well as on more recent insights from Global Strategic Management, we position the strategic interaction perspective in relation to more conventional perspectives on FDI and develop a typology of generic FDI strategies in global oligopolistic industries.",

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Hansen, MW & Hoenen, AK 2013, Global Oligopolistic Competition and Multinational Corporations: A Strategic Interation Perspective on Foreign Direct Investment. i P McDougall-Covin & T Kiyak (red), Proceedings of the 55th Annual Meeting of the Academy of International Business. Academy of International Business, East Lansing, MI, Academy of International Business. Annual Meeting. Proceedings, bind 55, s. 241, AIB 2013 Annual Meeting , Istanbul, Tyrkiet, 03/07/2013. <http://aib.msu.edu/events/2013/pdfs/AIB2013_Proceedings.pdf>

Global Oligopolistic Competition and Multinational Corporations: A Strategic Interation Perspective on Foreign Direct Investment. / Hansen, Michael W.; Hoenen, Anne Kristin.
Proceedings of the 55th Annual Meeting of the Academy of International Business. red. / Patricia McDougall-Covin; Tunga Kiyak. East Lansing, MI: Academy of International Business, 2013. s. 241 (Academy of International Business. Annual Meeting. Proceedings, Bind 55).

Publikation: Bidrag til bog/antologi/rapport › Konferenceabstrakt i proceedings › Forskning › peer review

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AB - The contemporary International Business (IB) literature has ’forgotten’ a key insight of the early foreign direct investment (FDI) literature, namely that FDI often is driven by strategic interaction of multinational corporations (MNCs) in oligopolistic industries. Instead, the IB literature has focused, first on FDI as a way to generate efficiency in cross border transactions, and later on FDI as a way to leverage and build capabilities across borders. In recent decades we have however seen a profound concentration at the global level so that more and more industries can be characterized as global oligopolies. We argue that in this situation there is a pertinent need to ‘rediscover’ the strategic interaction perspective on FDI, but now from a global perspective. Based on early insights of the Industrial Organization FDI tradition as well as on more recent insights from Global Strategic Management, we position the strategic interaction perspective in relation to more conventional perspectives on FDI and develop a typology of generic FDI strategies in global oligopolistic industries.

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Hansen MW, Hoenen AK. Global Oligopolistic Competition and Multinational Corporations: A Strategic Interation Perspective on Foreign Direct Investment. I McDougall-Covin P, Kiyak T, red., Proceedings of the 55th Annual Meeting of the Academy of International Business. East Lansing, MI: Academy of International Business. 2013. s. 241. (Academy of International Business. Annual Meeting. Proceedings, Bind 55).