Theoretical Concepts for Direct Foreign Investments

Velko Marinov
Additional contact information
Velko Marinov: University of National and World Economy, Sofia, Bulgaria

Nauchni trudove, 2008, issue 2, 3-56

Abstract: The study is an attempt to outline the key theoretical models of direct foreign investments. It argues the inability of the traditional theories of the international capital migration (neo-classical, neo-Keynesian and Marxist) to adequately explain this phenomenon of modern business development. The theoretical models of direct foreign investments are represented chronologically, the core being the model of monopolistic advantages of Hymer Kindleberger. Buckley’s and Casson’s internalization models acquire crucial importance at a later stage, as well as the “eclectic” concept of J. Dunning and the model of the competitive advantage of the nations introduced by M. Porter. The paper states the multiple natures of the theoretical models of direct foreign investments and highlights the basis for criticism with regard to those.

Date: 2008
References: Add references at CitEc
Citations:

Downloads: (external link)
http://research.unwe.bg/uploads/ResearchPapers/Res ... _No1_V%20Marinov.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nwe:natrud:y:2008:i:2:p:3-56

Access Statistics for this article

More articles in Nauchni trudove from University of National and World Economy, Sofia, Bulgaria Contact information at EDIRC.
Bibliographic data for series maintained by Vanya Lazarova ().