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1 – 3 of 3James H. Love, Nigel Driffield, Katiuscia Lavoratori and Yong Yang
The issue of motivation for foreign direct investment (FDI) is central to international business (IB) theory and empirical research. The most common starting point is Dunning’s…
Abstract
Purpose
The issue of motivation for foreign direct investment (FDI) is central to international business (IB) theory and empirical research. The most common starting point is Dunning’s four motives (4M) framework: market seeking, natural resource seeking, efficiency seeking and strategic asset seeking. This paper explores the genesis, development and application of the 4M framework and demonstrate how it has developed from an abstract typology and heuristic device unsupported by empirical evidence into a set of concrete behavioral assumptions with theoretical and methodological consequences for IB research.
Design/methodology/approach
The paper is mainly conceptual, based on relevant theoretical work on FDI motives, and partly methodological, concentrating on the importance of realism for behavioral assumptions in IB.
Findings
The authors demonstrate that the shift in the 4M framework from abstract typology to a set of concrete behavioral assumptions has important implications for the development of IB theory and methodology. A critical issue has largely been ignored: the role of realism in the assumptions on which theory and its empirical testing are based and the possible consequences of unrealism in key behavioral assumptions. The authors show that attempts to “fix” the problems inherent in the 4M framework will inevitably fail and suggest ways in which it is possible to inject more realism into behavioral assumptions underlying FDI motivation.
Practical implications
The authors demonstrate that the applicability of the 4M approach, for either firms or policymakers seeking to attract FDI and maximize the benefits from it, needs to be more clearly understood in the context of the particular decision.
Social implications
Many countries see the attraction of FDI as central to their plans for economic growth and indeed the propensity for industrial development and moving up the value chain. The understanding of FDI motive has, in recent years, been recognized as central to this. The authors offer an important nuance to this understanding.
Originality/value
The paper offers both theoretical and methodological insights for IB scholars interested in FDI motivation.
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Rick Forster, Andrew Lyons, Nigel Caldwell, Jennifer Davies and Hossein Sharifi
The study sets out to demonstrate how a lifecycle perspective on complex, public-sector procurement projects can be used for making qualitative assessments of procurement policy…
Abstract
Purpose
The study sets out to demonstrate how a lifecycle perspective on complex, public-sector procurement projects can be used for making qualitative assessments of procurement policy and practice and reveal those procurement capabilities that are most impactful for operating effectively.
Design/methodology/approach
Agency theory, institutional theory and the lifecycle analysis technique are combined to abductively develop a framework to identify, analyse and compare complex procurement policies and practices in public sector organisations. Defence is the focal case and is compared with cases in the Nuclear, Local Government and Health sectors.
Findings
The study provides a framework for undertaking a lifecycle analysis to understand the challenges and capabilities of complex, public-sector buyers. Eighteen hierarchically-arranged themes are identified and used in conjunction with agency theory and institutional theory to explain complex procurement policy and practice variation in some of the UK’s highest-profile public buyers. The study findings provide a classification of complex buyers and offer valuable guidance for practitioners and researchers navigating complex procurement contexts.
Originality/value
The lifecycle approach proposed is a new research tool providing a bespoke application of theory by considering each lifecycle phase as an individual but related element that is governed by unique institutional pressures and principal-agent relationships.
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Emmanuelle Avril, Laurence Cossu-Beaumont, David Fée and Fabrice Mourlon
This introductory chapter presents the book’s rationale and structure and reflects on the notion of ‘fragmented powers’ as a key entry into understanding evolving power dynamics…
Abstract
This introductory chapter presents the book’s rationale and structure and reflects on the notion of ‘fragmented powers’ as a key entry into understanding evolving power dynamics in the English-speaking world. Combining historical and contemporary perspectives, from the late 18th century to the contemporary era, fragmentation as a non-linear process reveals the tensions between centralisation and decentralisation, as well as confrontation and cooperation in the fields of constitutional and institutional issues, politics and political party systems, the media, and in urban and social policies at both the intra-national and transnational levels. The adoption of a long view perspective and a multidisciplinary approach allows to critically assess the concept of fragmentation by questioning both its positive and negative effects on the cultural, political and socio-economic environments.
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