Skip to main content
  • 75 Accesses

Abstract

It is rather presumptuous to attempt to predict developments in a wide field such as international business theory during such a turbulent period. However, recent developments in international business suggest that the subject area is sufficiently mature and core concepts are so well embedded, that predictions are not entirely foolhardy. Part 2 of this paper examines the key empirical issues in the world economy which international business theory should explain. Part 3 examines the tools of international business theory and Part 4 questions whether they are adequate to the task.

Journal of Marketing Management, Vol. 7, No. 1, 1991, pp. 15–24 (reprinted by permission). An earlier version of this paper was given at the International Symposium ‘MNEs and 21st Century Scenarios’ organized by the Workshop for the Studies of Multinational Enterprises, Tokyo, July 4–6, 1990. I am grateful to the participants for their comments.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 129.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 169.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 169.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Aliber, Robert Z. (1970), ‘A Theory of Foreign Direct Investment’, in: The International Firm, Kindleberger, C. P. (ed.), Cambridge Mass, MIT Press.

    Google Scholar 

  • Aliber, Robert Z. (1991), ‘The Multinational Enterprise in a Multiple Currency World’, in: The Multinational Enterprise, Dunning, John H (ed.), London, George Allen & Unwin.

    Google Scholar 

  • Aoki, Masahiko (ed.) (1984), The Economic Analysis of the Japanese Firm, Amsterdam, North-Holland.

    Google Scholar 

  • Brown, Wilson R. (1984), ‘Firm-Like Behaviour in Markets: The Administered Channel’, International Journal of Industrial Organisation, 12, No. 4, pp. 263–76.

    Article  Google Scholar 

  • Buckley, Peter J. (1983). ‘New Theories of International Business: Some Unresolved Issues’, in: The Growth of International Business, Casson, Mark (ed.), London, George Allen & Unwin.

    Google Scholar 

  • Buckley, Peter J. (1988), ‘The Limits of Explanation: Testing the Internationalisation Theory of the Multinational Enterprise’, Journal of International Business Studies, XIX, No. 2, Summer, pp. 181–93.

    Article  Google Scholar 

  • Buckley, Peter J. (1990a), ‘Problems and Developments in the Core Theory of International Business’, Journal of International Business Studies (in press).

    Google Scholar 

  • Buckley, Peter J. (1990b), Alliances, Technology and Hierarchies: A Cautionary Tale, University of Bradford, mimeo.

    Google Scholar 

  • Buckley, Peter J. and Artisien, Patrick F. R. (1987), ‘Policy Issues of Intra-EC Direct Investment’, Journal of Common Market Studies, XXVI, No. 2, December, pp. 207–30.

    Article  Google Scholar 

  • Buckley, Peter J. and Casson, Mark (1976), The Future of the Multinational Enterprise, London, Macmillan.

    Google Scholar 

  • Buckley, Peter J. and Casson, Mark (1981). ‘The Optimal Timing of a Foreign Direct Investment’, Economic Journal, 92, No. 361, March, pp. 75–87. Reprinted in: Buckley, Peter J. and Casson, Mark (1985), The Economic Theory of the Multinational Enterprise, London, Macmillan.

    Article  Google Scholar 

  • Buckley, Peter J. and Casson, Mark (1988), ‘A Theory of Co-operation in International Business’, in: Co-operative Strategies in International Business, Contractor, Farok J. and Lorange, Peter (eds), Lexington, Mass, Lexington Books D. C. Heath & Co.

    Google Scholar 

  • Buckley, Peter J. and Casson, Mark (1990). ‘The Multinational Enterprise in Less Developed Countries: Cultural and Economic Interactions’, in: Buckley and Clegg (eds), op. cit.

    Google Scholar 

  • Buckley, Peter J. and Clegg, Jeremy (eds) (1990), Multinational Enterprises in Less Developed Countries, London, Macmillan.

    Google Scholar 

  • Buckley, Peter J., Pass, C. L. and Prescott, Kate (1990), ‘Foreign Market Servicing by Multinationals: An Integrated Approach’, International Marketing Review, 7, No. 4, pp. 25–40.

    Article  Google Scholar 

  • Casson, Mark (1981), ‘Foreword’ to: Rugman, Alan M., Inside the Multinationals London, Croom Helm.

    Google Scholar 

  • Casson, Mark (1982), The Entrepreneur: An Economic Theory, Oxford, Mart in Robertson.

    Google Scholar 

  • Casson, Mark (1990), Internalisation Theory and Beyond, University of Reading, mimeo.

    Google Scholar 

  • Chesnais, Francois (1986) ‘Science, Technology & Competitiveness’, STI Review, No. 1, Autumn, pp. 85–129.

    Google Scholar 

  • Coase, Ronald (1960), ‘The Problem of Social Cost’, The Journal of Law and Economics, 3, October, pp. 1–44.

    Article  Google Scholar 

  • Enderwick, Peter (1989), ‘Multinational Corporate Restructuring and International Competitiveness’, California Management Review, 32, No.1, Fall, pp. 44–59

    Article  Google Scholar 

  • Hymer, Stephen H. (1968), ‘The Large International “Corporation”: An Analysis of Some Motives for the International Integration of Business’. Original version in: Revue Economique, 19, No. 6 pp. 949–73. English version in: The Multinational Enterprise: Selected Readings, Casson, Mark (ed.) (1990), Cheltenham, Edward Elgar.

    Article  Google Scholar 

  • Jorde, Thomas M. and Teece, Donald J. (1989), ‘Competition and Co-operation: Striking the Right Balance’, California Management Review, 31, No. 3, pp. 25–37.

    Article  Google Scholar 

  • Kindleberger, Charles P. (1988), ‘The “New” Multinationalization of Business’, ASEAN Economic Bulletin, 5, November, pp. 113–24.

    Article  Google Scholar 

  • Robson, Peter (ed.) (1984), The Economics of International Economic Integration (2nd edition), London, George Allen & Unwin.

    Google Scholar 

  • Telser, Lester G. (1987), A Theory of Efficient Co-operation and Competition, Cambridge, Cambridge University Press.

    Book  Google Scholar 

  • Weinshall, Theodore D. (ed.) (1977), Culture and Management, Harmondsworth, Penguin.

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Copyright information

© 1995 Peter J. Buckley

About this chapter

Cite this chapter

Buckley, P.J. (1995). Developments in International Business Theory in the 1990s. In: Foreign Direct Investment and Multinational Enterprises. Palgrave Macmillan, London. https://doi.org/10.1057/9780230378513_1

Download citation

Publish with us

Policies and ethics