The political economy of globalization: Revisiting Stephen Hymer 50 years on

Transnational Corporations

Volumn 19, Issue 3, 2010, Pages 1-29

  Dunning, John H ^a   Pitelis, Christos N ^a  

^a UNIVERSITY OF CAMBRIDGE   (United Kingdom)

Author keywords

Globalization; Institutions; International political economy; Stephen Hymer; Sustainability

Indexed keywords

EID: 79960811251     PISSN: 10149562     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (82)

1. Argitis, G. and Pitelis, C. (2001). "Monetary policy and the distribution of income: evidence for the United States and the United Kingdom", Journal of Post-Keynesian Economics, 23(4), pp. 617-638. (Pubitemid 33287628)
2. Bain, J.S. (1956). Barriers to New Competition: Their Character and Consequences for Manufacturing Industries. Boston: Harvard University Press.
3. Baran, P. and Sweezy, P. (1966). Monopoly Capital. Harmondsworth: Penguin.
4. Bartlett, C. A. and Ghoshal, S. (1989). Managing Across Borders: The Transnational Solution. Boston: Harvard Business School Press
5. Baumol, W. J. (1991). Perfect Markets and Easy Virtue - Business Ethics and the Invisible Hand. Cambridge: Blackwell.
6. Birkinshaw, J. and Hood, N. (eds.) (1998). Multinational Corporate Evolution and Subsidiary Development. London: Macmillan.
7. Bianchi, P. and Labory, S. (2006). International Handbook on Industrial Policy. Cheltenham: Edward Elgar.
8. Best, Michael (1990). The New Competition: Institutions of Industrial Restructuring. Cambridge, MA: Harvard University Press.
9. Boddewyn, D. J. (2003). "Understanding and advancing the concept of 'Nonmarket'", Business & Society, 42(3), pp. 297-327.
10. Boddewyn, D.J. and Brewer L.T. (1994). "International-business political behavior: new theoretical directions", Academy of Management Review, 19, pp. 119-143
11. Buckley, P. J. and Casson, M.C. (1976). The Future of Multinational Enterprise. London: Macmillan.
12. Buckley, P. J. and Casson, M.C. (2007). "Edith Penrose's theory of the growth of the firm and the strategic management of multinational enterprises", Management International Review, 47(2), pp. 151-174.
13. Cantwell, J. (1991). "Theories of international production", in C. N. Pitelis and R. Sugden (eds.), The Nature of the Transnational Firm. London: Routledge.
14. Cantwell, J. and Narula, R. (eds.) (2003). International Business and the Eclectic Paradigm: Developing the OLI Framework. London and New York: Routledge.
15. Casson, M. (ed.) (1990). Multinational Corporations. Hants: Edward Elgar.
16. Caves, R.E. (1982). Multinational Enterprise and Economic Analysis. Cambridge: Cambridge University Press.
17. Chandler, A.D. (1962). Strategy and Structure: Chapters in the History of the Industrial Enterprise. Cambridge: MIT Press.
18. Chandler, A.D. and Redlich, F. (1961). "Recent developments in American business administration and their conceptualisation", Business History Review, 35, pp. 1-27.
19. Chang, H-J. (1994). The Political Economy of Industrial Policy. London and Basingstoke: Macmillan.
20. Chang, H-J. (2002). "Kicking away the ladder - an unofficial history of capitalism, especially in Britain and the United States", Challenge, 45(5).
21. Coase, R.H. (1937). "The nature of the firm", Economica, 4, pp. 386-405
22. Cohen, R.B., Felton, N., Van Liere, J. and Nkosi, M. (eds) (1979). The Multinational Corporation: a Radical Approach: Papers by Stephen Herbert Hymer. Cambridge: Cambridge University Press
23. Cowling, K. and Waterson, M. (1976). "Price-cost margins and market structure", Economica, 43, pp. 267-274.
24. Driffield, N.L. and Love, J.H. (2005). "Intra-industry foreign direct investment, uneven development and globalization", Contributions to Political Economy, 24(1), pp. 55-78. (Pubitemid 41222467)
25. Dunning, J.H. (1958). American Investment in British Manufacturing Industry. London: Allen and Unwin.
26. Dunning, J. H. (1977). "Trade, location of economic activity and the MNE: a search for an eclectic approach", in B. Ohlin, P.O. Hesselborn and P.M. Wijkman (eds.), The International Allocation of Economic Activity. London and Basingstoke: Macmillan
27. Dunning, J. H. (2001). "The key literature on IB activities: 1960-2000", in A.C. Rugman and T.L. Brewer (eds.), Oxford Handbook of International Business. Oxford: Oxford University Press.
28. Dunning, J.H. (2003). "An evolving paradigm of the economic determinants of international business activity", in J. Cheng and M. Hitt (eds.), Managing Multinationals in a Knowledge Economy. Oxford: Elsevier.
29. Dunning, J.H. (ed.) (2005). Making Globalisation Good: The Moral Challenges of Global Capitalism. Oxford: Oxford, University Press.
30. Dunning, J.H. (2006). "When I met Hymer: some personal recollections", International Business Review, 15(2): 115-123. (Pubitemid 43257102)
31. Dunning, J.H. (2006). "Towards a new paradigm of development: implications for the determinants of international business activity", Transnational Corporations , 15(1), pp. 173-228.
32. Dunning, J.H. and Lundan, S.M. (2008). "The MNE as a creator, fashioner and respondent to institutional change", in S. Collinson and G. Morgan (eds.), The Multinational Firm. Oxford: Blackwell.
33. Dunning, J.H. and Pitelis, C.N. (2008). "Stephen Hymer's contribution to international business scholarship: an assessment and extension", Journal of International Business Studies, 39, pp. 167-176.
34. Dunning, J. H. and Rugman, A. (1985). "The influence of Hymer's dissertation of the theory of foreign direct investment", American Economic Review, 75, pp. 228-239.
35. Eden, L. (2003). "A critical reflection and some conclusions on OLI", in John Cantwell and Rajneesh Narula (eds.), International Business and the Eclectic Paradigm: Developing the OLI Framework. London and New York: Routledge.
36. Eden, L. and Lenway, S. (2001). "Multinationals: the Janus face of globalization", Journal of International Business, 32(3), pp. 383-400.
37. Graham, E.M. (1990). "Exchange of threat between multinational firms as an infinitely repealed non cooperative game", International Trade Journal, 4(3), pp. 259-277.
38. Hayek, F.A. (1945). "The use of knowledge in society", American Economic Review, 35, pp. 519-530.
39. Hennart, J.F. (1982). A Theory of Multinational Enterprise. Ann Arbor: University of Michigan Press.
40. Hill, C. (2009). International Business. New York: McGraw Hill, 7th Edition.
41. Hymer, S.H. (1960/1976). The International Operations of National Firms: a Study of Direct Foreign Investment. Cambridge: MIT Press
42. Hymer, S.H. (1968). "The large multinational 'corporation'", in M. Casson (ed.) Multinational Corporations, London, Edward Elgar.
43. Hymer, S.H. (1970a). "The efficiency (contradictions) of multinational corporations", American Economic Review: Papers and Proceedings, 60(2), pp. 441-448.
44. Hymer, S. H. (1970b). "The multinational corporation and the law of uneven development", in J. N. Bhagwati (ed.), Economics and World Order. London: Macmillan, pp. 113-140.
45. Hymer, S.H and Resnick, S. (1969). "A model of an agrarian economy with non agricultural activities", American Economic Review, 59(4), pp. 493-506.
46. Hymer, S. and Rowthorn, R. (1970). "Multinational corporations and international oligopoly: the non-American challenge", in C. Kindleberger (ed.), The International Corporation: A Symposium. Cambridge: MIT Press.
47. Kindleberger, C.P. (1984). "Plus ça change - a look at the new literature", in C. Kindleberger (ed.), Multinational Excursions. Cambridge: MIT Press.
48. Kindleberger, C. P. (2002). "Stephen Hymer and the multinational corporation", Contributions to Political Economy, 21, pp. 5-7.
49. Kogut, B. and Zander, U. (1993). "Knowledge of the firm and the evolutionary theory of the multinational corporation", Journal of International Business Studies, 24(4), pp. 625-645.
50. Lange, O. (1936). "On the economic theory of socialism", The Review of Economic Studies, 4(1), pp. 53-71.
51. Madhok, A. and Phene, A. (2001). "The co-evolutional advantage: strategic management theory and eclectic paradigm", International Journal of the Economics of Business, 8(2), pp. 243-256. (Pubitemid 33304820)
52. Mahoney, J.T. (2005). Economic Foundations of Strategy. London and New York: Sage Publications.
53. Mahoney, J.T., McGahan, A. and Pitelis, C.N. (2009). "The interdependence of private and public interests", Organization Science, 30(10), pp. 1115-1139.
54. Marx, K. (1959). Capital, Vol. 1-3. London: Lawrence and Wishart.
55. Modigliani, F. (1958). "New developments on the oligopoly front", Journal of Political Economy, 66(3): 215-232.
56. Pearce, R. and Papanastassiou, M. (2006). "To 'almost see the world': hierarchy and strategy in Hymer's view of the multinational", International Business Review, 15(2), pp. 151-165. (Pubitemid 43257106)
57. Penrose, E.T. (1959/1995). The Theory of the Growth of the Firm. Oxford: Oxford University Press.
58. Pitelis, C.N. (2004). "Edith Penrose and the resource-based view of (international) business strategy", International Business Review, 13(4), pp. 523-532. (Pubitemid 38982382)
59. Pitelis, C.N. (2007). "Edith Penrose and a learning-based perspective on the MNE and the OLI", Management International Review, 47(2), pp. 207-220.
60. Pitelis, C.N. (2009). "The sustainable competitive advantage and catching-up of nations: fdi, clusters, and the liability (asset) of smallness?", Management International Review, 41(1).
61. Pitelis, C. N. and Sugden, R. (eds.) (1991). The Nature of the Transnational Firm. London, Routledge.
62. Pitelis, C.N. and Sugden, R., (eds.) (2002). "Special issue on Stephen Hymer and international political economy", Contributions to Political Economy, 21(1).
63. Porter, M.E. (1980). Competitive Strategy: Techniques for Analyzing Industries and Competitors. New York: Free Press.
64. Porter, M.E. (1990). The Competitive Advantage of Nations. New York: Free Press.
65. Ramamurti, R. (2004). "Developing countries and MNEs: extending and enriching the research agenda", Journal of International Business Studies, 35, pp. 277-283. (Pubitemid 39016257)
66. Richardson, G. (1972). "The organisation of industry", Economic Journal, 82(326), pp. 883-896.
67. Rowthorn, R.E. (1992). "Intra-industry trade and investment under oligopoly: the role of market size", Economic Journal, 102(March), pp. 402-414.
68. Rowthorn, R. (2006). "Stephen Hymer: an intellectual memoir", International Business Review, 15, pp. 111-114. (Pubitemid 43257101)
69. Rugman, A.M. (1981). Inside the Multinationals: The Economics of Internal Markets. New York: Columbia University Press.
70. Rugman, A.M. and Verbeke, A. (2002). "Location, competitiveness and the multinational enterprise", in Rugman, A.M. and Brewer, T.L. (eds.), The Oxford Handbook of International Business. Oxford: Oxford University Press.
71. Sala-i-Martin, X. (2006). "The world distribution of income: falling poverty and convergence, period", The Quarterly Journal of Economics, 121(2), pp. 351-398.
72. Scherer, F. M. and Ross, D. (1990). Industrial Market Structure and Economic Performance. Boston: Houghton and Mifflin Company.
73. Schumpeter, J. A. (1942). Capitalism, Socialism and Democracy. New York: Harper & Row.
74. Solow, R.M. (1956). "A Contribution to the theory of economic growth", Quarterly Journal of Economics, 70, pp. 65-95.
75. Stiglitz, J. (2002). Globalization and its Discontents. London: Allen Lane.
76. Stiglitz, J. (2007). "Financial hypocrisy", The Economists' Voice, 4(6), pp. 1101-4.
77. Teece, D. J. (1977). "Technology transfer by multinational firms: the resource cost of transferring technological know-how", Economic Journal , 87, pp. 242-261.
78. Teece, D.J. (2006). "Reflections on the Hymer thesis and the multinational enterprise", International Business Review, 15(2), pp. 124-139. (Pubitemid 43257103)
79. Vernon, R. (1966). "International investment and international trade in the product cycle", Quarterly Journal of Economics, 80, pp. 190-207.
80. Yamin, M. and Forsgren, M. (2006). "Hymer's analysis of the multinational organization: power retention and the demise of the federative MNE", International Business Review, 15(2), pp. 166-179. (Pubitemid 43257107)
81. UNCTAD (2003). World Investment Report: Policies for Development: National and International Perspectives. New York and Geneva: United Nations.
82. UNCTAD (2005). World Investment Report: Transnational Corporations and the Internationalization of R&D. New York and Geneva: United Nations.