The concepts of asset co-specialization and dynamic capabilities have been instrumental in furthering the organization and strategy scholarship agenda, but have so far had limited impact to the theory of the MNE and FDI. In addition, the role of entrepreneurial management in orchestrating...

Economics and management literatures fail to properly articulate the interrelationship between enterprise-level appropriability/value capture strategies and the acquisition and sustainability of economy-wide co-created value. We propose a developmental industrial strategy that aims to help...

Dynamic capabilities (DCs) are said to allow firms to create, extend, or modify their resource base in a reliable manner (Helfat et al., 2007). This poses a challenge as it requires DCs to enable firms to achieve change but to do so in a reasonably stable manner. This paper addresses this...

We build on international business (IB) developments over the past 55 years or so, to inform our understanding of the nature, objectives and essence of the MNE. We suggest that in contrast to the conventional economics-based approaches that have been dominant in the field of IB for many decades,...