John Dunning’s general theory of international production, first propounded in the late 1970’s, has generated considerable debate. This work thoughtfully reassesses the paradigm, and extends the analysis to embrace issues of theoretical and empirical importance. In a collection of essays, the changing characteristics of international production are examined, and an interdisciplinary approach suggested for understanding the multinational enterprise in the world economy.
This book, first published in 1988, will be of value not only to economists and international business analysts, but to scholars in other fields, notably organizational, marketing and management specialists.
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This monograph attempts to present a holistic interpretation of the determinants of international production. It proposes that any explanation of the activities of multinational enterprises needs to be multi-dimensional both in the questions asked and in the methodology of analysis. It asserts that, like other multi-activity firms, the MNE is both a creator of production and an organizer of transactions relating to that production. Viewing the subject in this light, the author feels that it is legitimate to criticize many explanations of international production.
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