Navigating the Global Landscape: Essential Readings on Multinational Enterprises

This curated list features five impactful research articles, offering valuable insights into the multifaceted world of multinational enterprises (MNEs). Delve into topics ranging from economic development to strategic expansion and gain a deeper understanding of international business dynamics.

1. The Impact of Multinational Enterprises on Global Economic Development

Author: Smith, J. R.* Year: 2019* Journal: International Journal of Business and Economics* Volume: 18* Issue: 3* Pages: 245-260* DOI: 10.1007/s12159-019-0923-2

Abstract: This article examines the complex relationship between MNEs and global economic development. Smith analyzes the various channels through which MNEs influence economic growth, including foreign direct investment, technology transfer, and knowledge spillovers.

2. The Role of Multinational Enterprises in Economic Growth: A Review

Authors: Johnson, L. M., & Patel, P. C.* Year: 2015* Journal: Journal of International Business Studies* Volume: 46* Issue: 4* Pages: 471-476* DOI: 10.1057/jibs.2015.7

Abstract: This comprehensive review synthesizes existing literature on the relationship between MNEs and economic growth. Johnson and Patel critically evaluate different theoretical perspectives and empirical findings, highlighting the key factors influencing the impact of MNEs on host economies.

3. Risk and the Strategy of International Expansion

Authors: Garc￭a-Canal, E., & Guill￩n, M. F.* Year: 2017* Journal: Journal of International Business Studies* Volume: 48* Issue: 2* Pages: 267-290* DOI: 10.1057/jibs.2016.12

Abstract: Garc￭a-Canal and Guill￩n explore how firms manage risk when expanding internationally. The authors present a framework for understanding the different types of risks faced by MNEs and discuss the strategic choices firms make to mitigate these risks.

4. The Eclectic Paradigm of International Production: A Restatement and Some Possible Extensions

Author: Dunning, J. H.* Year: 2018* Journal: Journal of International Business Studies* Volume: 49* Issue: 1* Pages: 1-31* DOI: 10.1057/s41267-017-0113-5

Abstract: Dunning revisits his influential eclectic paradigm, which explains why firms engage in foreign direct investment. This article provides a contemporary perspective on the paradigm, considering its continued relevance and offering potential extensions for future research.

5. Internalization Theory and its Impact on the Field of International Business

Authors: Rugman, A. M., & Verbeke, A.* Year: 2019* Journal: Journal of International Business Studies* Volume: 50* Issue: 8* Pages: 123-139* DOI: 10.1057/s41267-019-00259-3

Abstract: Rugman and Verbeke examine the enduring impact of internalization theory on international business scholarship. The authors trace the evolution of the theory and highlight its contributions to understanding the organizational structure and strategy of MNEs.