Thinking About the Multinational: Countries, Costs and Capabilities

The multinational enterprise (MNE) is a complex social and economic organization involving multiple countries. It has been studied from many different perspectives, with transaction cost economics and the internalization thesis providing critical insights into the nature of the MNE. We know that home and host countries are significant factors and that costs matter. However, we still have little understanding of why some MNEs do better than others. By incorporating capabilities perspectives into existing theories, this symposium aims to develop theories that can further explain the heterogeneity of MNEs more fully.Strategic Management of Multinationals: The quest for agilityPresenter: Yves Doz; INSEADGlobalizing FirmsPresenter: Pankaj Ghemawat; IESE Business SchoolHow Great Companies Think DifferentlyPresenter: Rosabeth Kanter; Harvard Business SchoolFifty Years of International Business Theory and BeyondPresenter: Alan M Rugman; U. of ReadingDynamic Capabilities and the MNEPresenter: David Teece; U. of California, BerkeleyMultinational Firms, Labor Market Discrimination, and the Capture of Competitive AdvantagePresenter: Jordan Siegel; Harvard U.