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Internalization, International Diversification and the Multinational Enterprise, Volume 11: Essays in Honor of Alan M Rugman (Research in Global Strategic ... (Research in Global Strategic Management) PDF

275 Pages·2005·2.4 MB·English
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Preview Internalization, International Diversification and the Multinational Enterprise, Volume 11: Essays in Honor of Alan M Rugman (Research in Global Strategic ... (Research in Global Strategic Management)

INTERNALIZATION, INTERNATIONAL DIVERSIFICATION AND THE MULTINATIONAL ENTERPRISE i RESEARCH IN GLOBAL STRATEGIC MANAGEMENT Series Editor: Alan M. Rugman Volume 1: International Business Research in the 21st Century Volume 2: Global Competition and European Community Volume 3: Corporate Response to Global Change Volume 4: Global Competition: Beyond The Three Generics Volume 5: Beyond the Diamond Volume 6: Multinational Location Strategy Volume 7: International Entrepreneurship: Globalization of Emerging Business Volume 8: Leadership in International Business Education and Research Volume 9: Multinationals, Environment and Global Competition Volume 10: North American Economic and Financial Inte- gration ii RESEARCHINGLOBALSTRATEGICMANAGEMENT VOLUME11 INTERNALIZATION, INTERNATIONAL DIVERSIFICATION AND THE MULTINATIONAL ENTERPRISE ESSAYS IN HONOUR OF ALAN M. RUGMAN EDITED BY ALAIN VERBEKE Haskayne School of Business, Calgary, Canada and Solvay Business School, University of Brussels (VUB) and Templeton College, University of Oxford, UK 2005 Amsterdam – Boston – Heidelberg – London – New York – Oxford Paris – San Diego – San Francisco – Singapore – Sydney – Tokyo iii ELSEVIERB.V. ELSEVIERInc. ELSEVIERLtd ELSEVIERLtd Radarweg29 525BStreet,Suite1900 TheBoulevard,Langford 84TheobaldsRoad P.O.Box211 SanDiego Lane,Kidlington London 1000AEAmsterdam, CA92101-4495 OxfordOX51GB WC1X8RR TheNetherlands USA UK UK r2005ElsevierLtd.Allrightsreserved. ThisworkisprotectedundercopyrightbyElsevierLtd,andthefollowingtermsandconditionsapplytoitsuse: Photocopying Singlephotocopiesofsinglechaptersmaybemadeforpersonaluseasallowedbynationalcopyrightlaws.Permission ofthePublisherandpaymentofafeeisrequiredforallotherphotocopying,includingmultipleorsystematiccopying, copying for advertising or promotional purposes, resale, and all forms of document delivery. Special rates are availableforeducationalinstitutionsthatwishtomakephotocopiesfornon-profiteducationalclassroomuse. PermissionsmaybesoughtdirectlyfromElsevier’sRightsDepartmentinOxford,UK:phone(+44)1865843830,fax (+44)1865853333,e-mail:permissions@elsevier.com.Requestsmayalsobecompletedon-lineviatheElsevier homepage(http://www.elsevier.com/locate/permissions). IntheUSA,usersmayclearpermissionsandmakepaymentsthroughtheCopyrightClearanceCenter,Inc.,222 RosewoodDrive,Danvers,MA01923,USA;phone:(+1)(978)7508400,fax:(+1)(978)7504744,andintheUK throughtheCopyrightLicensingAgencyRapidClearanceService(CLARCS),90TottenhamCourtRoad,London W1P0LP,UK;phone:(+44)2076315555;fax:(+44)2076315500.Othercountriesmayhavealocalreprographic rightsagencyforpayments. DerivativeWorks Tablesofcontentsmaybereproducedforinternalcirculation,butpermissionofthePublisherisrequiredforexternal resaleordistributionofsuchmaterial.PermissionofthePublisherisrequiredforallotherderivativeworks,including compilationsandtranslations. ElectronicStorageorUsage PermissionofthePublisherisrequiredtostoreoruseelectronicallyanymaterialcontainedinthiswork,includingany chapterorpartofachapter. Exceptasoutlinedabove,nopartofthisworkmaybereproduced,storedinaretrievalsystemortransmittedinany formorbyanymeans,electronic,mechanical,photocopying,recordingorotherwise,withoutpriorwrittenpermission ofthePublisher. Addresspermissionsrequeststo:Elsevier’sRightsDepartment,atthefaxande-mailaddressesnotedabove. Notice NoresponsibilityisassumedbythePublisherforanyinjuryand/ordamagetopersonsorpropertyasamatterof productsliability,negligenceorotherwise,orfromanyuseoroperationofanymethods,products,instructionsor ideascontainedinthematerialherein.Becauseofrapidadvancesinthemedicalsciences,inparticular,independent verificationofdiagnosesanddrugdosagesshouldbemade. Firstedition2005 BritishLibraryCataloguinginPublicationData AcataloguerecordisavailablefromtheBritishLibrary. ISBN: 0-7623-1220-3 ISSN: 1064-4857(Series) ∞ ThepaperusedinthispublicationmeetstherequirementsofANSI/NISOZ39.48-1992(PermanenceofPaper). PrintedinTheNetherlands. Working together to grow libraries in developing countries www.elsevier.com | www.bookaid.org | www.sabre.org iv CONTENTS LIST OF CONTRIBUTORS ix INTRODUCTION Daniel Van Den Bulcke and Alain Verbeke 1 PART A: ALAN RUGMAN AS EMINENT SCHOLAR OF THE ACADEMY OF MANAGEMENT’S INTERNATIONAL MANAGEMENT DIVISION CAVE! HIC DRAGONES! ALAN M. RUGMAN’S CONTRIBUTIONS TO THE FIELD OF INTERNATIONAL BUSINESS Lorraine Eden 9 THE MNE’S SPATIAL POSITIONING Bernard M. Wolf 29 PART B: THE 25TH ANNIVERSARY OF ‘‘INTERNATIONAL DIVERSIFICATION AND THE MULTINATIONAL ENTERPRISE’’ RUGMAN AND THE GEOGRAPHY OF MNE ACTIVITY John H. Dunning 41 FINANCIAL AND NON-FINANCIAL THEORIES OF INTERNATIONAL DIVERSIFICATION John Cantwell 59 v vi CONTENTS INTERNALIZATION THEORY AND THE INTERNATIONAL DIVERSIFICATION: PERFORMANCE CONUNDRUM Jean-Franc-ois Hennart 75 PART C: EXTENDING ALAN RUGMAN’S WORK ON REGIONAL STRATEGIES AND THE ENVIRONMENT REGIONAL STRATEGY AND PERFORMANCE IN THE GLOBAL AUTOMOTIVE INDUSTRY Alain Verbeke and Paul Brugman 97 REGIONAL AND GLOBAL STRATEGIES IN THE INTERCONTINENTAL PASSENGER AIRLINE INDUSTRY: THE RISE OF ALLIANCE-SPECIFIC ADVANTAGES Alain Verbeke and Sarah Vanden Bussche 119 ENVIRONMENTAL ISSUES AND THE MNE Ans Kolk 147 PART D: A CAREER IN PROGRESS: RETROSPECTIVE ESSAYS RETHINKING INTERNATIONAL MANAGEMENT THEORY IN A WORLD OF REGIONAL MULTINATIONALS Alan M. Rugman 165 TWENTY-FIVE YEARS OF ‘‘INTERNATIONAL DIVERSIFICATION AND THE MULTINATIONAL ENTERPRISE’’ Alan M. Rugman 203 Contents vii OVERVIEW OF ALAN RUGMAN’S ACADEMIC 219 OEUVRE SUBJECT INDEX 255 This page intentionally left blank viii LIST OF CONTRIBUTORS Paul Brugman Free University of Brussels (VUB), Belgium John Cantwell Rutgers University, NJ, USA John H. Dunning University of Reading, UK Lorraine Eden Mays Business School, Texas A&M University, TX, USA Jean-Franc-ois Hennart Tilburg University, The Netherlands Ans Kolk University of Amsterdam Business school, The Netherlands Alan M. Rugman Kelley School of Business, Indiana University, IN, USA Daniel Van Den Bulcke University of Antwerp, Belgium Sarah Vanden Bussche Free University of Brussels (VUB), Belgium Alain Verbeke Haskayne School of Business, University of Calgary, Canada and Solvay Business School, University of Brussels (VUB), Belgium and Templeton College, University of Oxford, UK Bernard M. Wolf Schulich School of Business, York University, Toronto, Canada ix

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This research volume includes a synthesis of recent advances in the theory of the multinational enterprise, with a focus on internalization and international diversification issues. It proposes important extensions of multinational enterprise theory, especially as regards the importance of geography
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