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Title: A Comment on the Extension of the OLI Framework to Emerging Economies
Authors: Purkayastha, Saptarshi
Lahiri, Somnath
Keywords: Emerging economies
OLI framework
Issue Date: 2015
Publisher: SCOPUS
Global Business Review
Sage Publications India Pvt. Ltd
Series/Report no.: 16(2)
Abstract: Does Dunning�s Ownership�Location�Internalization (OLI) framework explain the internationalization of business groups in emerging economies? I argue that business groups do not have traditional �firm specific advantages� (FSAs) that the OLI framework talks about, but their ownership advantages derive from the home country locational advantages. However, as pro-market reforms get implemented in emerging economies, these FSAs of business groups will increasingly provide less marginal benefits. Under such conditions, business groups will develop a new range of FSAs, which are independent of their locational advantages. I extend the debate as to whether the internationalization of business groups is unique enough to require new theories. � 2015 IMI SAGE Publications.
Description: Purkayastha, Saptarshi, Indian Institute of Management, Calcutta, Kolkata, West Bengal, India
ISSN/ISBN - 09721509
DOI - 10.1177/0972150914564439
Appears in Collections:Strategic Management

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