Skip to main content

Strategic Complexity in International Business

  • Chapter
The Multinational Enterprise Revisited

Abstract

This chapter outlines a progressive research agenda for the field of international business studies. In retrospect there have been significant theoretical achievements in international business (IB) over the past 40 years, but there has also been a loss of focus.

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

Access this chapter

eBook
USD 16.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 16.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 54.99
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

  • Allen, L. and Pantzalis, C. 1996. Valuation of the Operating Flexibility of Multinational Corporations. Journal of International Business Studies, 27/4: 633–53.

    Article  Google Scholar 

  • Arthur, B. W. 1988. Competing Technologie s: An Overview, in Giovanni Dosi, C. Freeman, R. Nelson, G. Silverberg and L. Soete (eds), Technical Change and Economic Theory. London: Francis Pinter.

    Google Scholar 

  • Baumol, W. J. and Quandt, R. E. 1964. Rules of Thumb and Optimally Imperfect Decisions. American Economic Review, 54/1: 23–46.

    Google Scholar 

  • Buckley P. J. and Casson, M. C. 1976. The Future of the Multinational Enterprise. London: Macmillan.

    Google Scholar 

  • Buckley P. J. and Casson, M. C. 1981. The Optimal Timing of a Foreign Direct Investment. Economic Journal, 91:75–87.

    Article  Google Scholar 

  • Buckley P. J. and Casson, M. C. 1993. Economics as an Imperialist Social Science. Human Relations, 46/9: 1035–52.

    Article  Google Scholar 

  • Buckley P. J. and Casson, M. C. 1998a. Analysing Foreign Market Entry Strategies: Extending The Internalisation Approach. Journal of International Business Studies, 29/3: 539–61.

    Article  Google Scholar 

  • Buckley P. J. and Casson, M. C. 1998b. Models of the Multinational Enterprise. Journal of International Business Studies, 29/1: 21–44.

    Article  Google Scholar 

  • Capel, J. 1992. How to Service a Foreign Market Under Uncertainty: A Real Option Approach. European Journal of Political Economy, 8: 455–75.

    Article  Google Scholar 

  • Casson, M. C. 1995. Organization of International Business. Aldershot: Edward Elgar.

    Google Scholar 

  • Casson, M. C. (1997). Information and Organisation: A New Perspective on the Theory of the Firm. Oxford: Clarendon Press.

    Google Scholar 

  • Casson, M. C. (2000a). Economics of International Business: A New Research Agenda. Cheltenham: Edward Elgar.

    Book  Google Scholar 

  • Casson, M. C. (2000b). Enterprise and Leadership: Studies on Firms, Networks and Institutions. Cheltenham: Edward Elgar.

    Book  Google Scholar 

  • Coase, R. H. (1937). The Nature of the Firm. Economica, NS, 4: 386–405.

    Article  Google Scholar 

  • Coriat, B. and Dosi, G. (1998). The Institutional Embeddedness of Economic Change: An Appraisal of the ‘Evolutionist’ and ‘Regulationist’ Research Programmes, in K. Nielsen and E. J. Johnson (eds), Institutions and Economic Change. Cheltenham: Edward Elgar.

    Google Scholar 

  • DeMeza, D. and Van der Ploeg, F. 1987. Production Flexibility as a Motive for Multinationality. Journal of Industrial Economics, 35/3: 343–51.

    Article  Google Scholar 

  • Dixit, A. and Pindyck, R. S. 1994. Investments under Uncertainty. Princeton, NJ: Princeton University Press.

    Google Scholar 

  • Ebers, M. (ed.). 1997. The Formation of Inter Organizational Networks. Oxford: Clarendon Press

    Google Scholar 

  • Egelhoff, W. G. 1991. Information processing theory and the Multinational Enterprise. Journal of International Business Studies, 22/3: 341–68.

    Article  Google Scholar 

  • Elster, J. (ed.). 1986. Rational Choice. Oxford: Blackwell.

    Google Scholar 

  • Graham, E. M. 1990. Exchange of Threat Between Multinational Firms as an Infinitely Repeated Game. International Trade Journal, 4: 259–77.

    Article  Google Scholar 

  • Hargreaves Heap, S. 1989. Rationality in Economics. Oxford: Blackwell.

    Google Scholar 

  • Hirshleifer, J. and Riley, J. G. 1992. The Analytics of Uncertainty and Information. Cambridge: Cambridge University Press.

    Book  Google Scholar 

  • Isard, W. 1956. Location and Space Economy. Cambridge, MA: MIT Press.

    Google Scholar 

  • Kogut, B. 1991. Joint Ventures and the Option to Expand and Acquire. Management Science, 37/1: 19–33.

    Article  Google Scholar 

  • Kogut, B. and Kulatilaka, N. 1994. Operating Flexibility, Global Manufacturing, and the Option Value of a Multinational Network. Management Science, 40/1: 123–39.

    Article  Google Scholar 

  • Kreps, D. M. 1990. Game Theory and Economic Modelling. Oxford: Oxford University Press.

    Book  Google Scholar 

  • Krugman, P. 1995. Development, Geography and Economic Theory. Cambridge, MA: MIT Press.

    Google Scholar 

  • Nelson, R. and Winter, S. G. 1982 An Evolutionary Theory of Economic Change. Cambridge, MA: Harvard University Press.

    Google Scholar 

  • Parkhe, A. 1993. ‘Messy’ Research, Methodological Predispositions, and Theory Development in International Joint Ventures. Academy of Management Review, 18: 227–68.

    Google Scholar 

  • Porter, M. E. 1991. Towards a Dynamic Theory of Strategy. Strategic Management Journal, 12 (Special Issue): 95–117.

    Article  Google Scholar 

  • Richardson, G. B. 1960. Information and Investment. Oxford: Oxford University Press.

    Google Scholar 

  • Rivoli, P. and Salorio, E. 1996. Foreign Direct Investment under Uncertainty. Journal of International Business Studies, 27/2: 335–54.

    Article  Google Scholar 

  • Von Hayek, F. A. 1937. Economics and Knowledge. Economica, NS, 4: 33–54.

    Article  Google Scholar 

  • Williamson, O. E. 1985. The Economic Institutions of Capitalism. New York: Free Press.

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Copyright information

© 2010 Peter J. Buckley and Mark Casson

About this chapter

Cite this chapter

Buckley, P.J., Casson, M. (2010). Strategic Complexity in International Business. In: The Multinational Enterprise Revisited. Palgrave Macmillan, London. https://doi.org/10.1057/9780230250468_10

Download citation

Publish with us

Policies and ethics