TY - JOUR
T1 - Do MNEs from developed and emerging economies differ in their location choice of FDI? A 36-year review
AU - Li, Xiaoqing
AU - Quan, Rose
AU - Stoian, Maria Cristina
AU - Azar, Goudarz
PY - 2018/10/1
Y1 - 2018/10/1
N2 - This study examines the extent to which MNEs from developed (DMNEs) and emerging (EMNEs) economies differ in Location behaviour. Studies on MNE location choices have failed to capture the changing FDI landscape and leave the inconsistent findings unexplained. We address this gap by systematically reviewing the extant literature on location choices of DMNEs and EMNEs over the past 36 years – from the introduction of the OLI model to 2016. Key themes emerging from the review reflect a comprehensive picture, capturing the impact of multiple factors affecting location choices of DMNEs and EMNEs. Future research is challenged by: a. adopting an integrated approach examining three levels – individual (managerial), firm (ownership structure, type of FDI, internationalisation stages, and the different nature of ownership advantage), and context of location decisions (home, host, sub-national, regional, supranational, and networking); b. refining or developing theories to capture the dynamic picture of MNE internationalisation.
AB - This study examines the extent to which MNEs from developed (DMNEs) and emerging (EMNEs) economies differ in Location behaviour. Studies on MNE location choices have failed to capture the changing FDI landscape and leave the inconsistent findings unexplained. We address this gap by systematically reviewing the extant literature on location choices of DMNEs and EMNEs over the past 36 years – from the introduction of the OLI model to 2016. Key themes emerging from the review reflect a comprehensive picture, capturing the impact of multiple factors affecting location choices of DMNEs and EMNEs. Future research is challenged by: a. adopting an integrated approach examining three levels – individual (managerial), firm (ownership structure, type of FDI, internationalisation stages, and the different nature of ownership advantage), and context of location decisions (home, host, sub-national, regional, supranational, and networking); b. refining or developing theories to capture the dynamic picture of MNE internationalisation.
KW - Emerging and developed economies
KW - FDI
KW - Location choice
KW - MNE
U2 - 10.1016/j.ibusrev.2018.03.012
DO - 10.1016/j.ibusrev.2018.03.012
M3 - Article
AN - SCOPUS:85045062612
VL - 27
SP - 1089
EP - 1103
JO - International Business Review
JF - International Business Review
SN - 0969-5931
IS - 5
ER -