Edith Penrose and a learning-based perspective on the MNE and OLI

Christos Pitelis

MPRA Paper from University Library of Munich, Germany

Abstract: We apply 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. We suggest that Penrose’s knowledge-based approach has important implications on the nature of, and the interactions between, O, L and I. Importantly, the resource/knowledge-based perspective of Penrose helps endogenize and integrate the three elements of Dunning’s triad in the context of a dynamic, strategic and forward-looking knowledge-based perspective of the MNE.

Keywords: Penrose; Learning; MNE; OLI (search for similar items in EconPapers)
JEL-codes: L0 M0 (search for similar items in EconPapers)
Date: 2007
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15)

Published in Management International Review 2.47(2007): pp. 207-219

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/24318/1/MPRA_paper_24318.pdf original version (application/pdf)

Related works:
Journal Article: Edith Penrose and a learning-based perspective on the MNE and OLI (2007)
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:pra:mprapa:24318

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().