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Unformatted text preview: MNCs o Transaction costs o Tacit knowledge o Asset specificity o Oligopolistic rent seeking Yes, sociological or individual factors: managers want firms to expandthey get more perks and power (influence) OLI Model for FDI 1. Ownership specific advantages of TNC control 2. Location specific advantages of Host 3. Advantages of Internalization a. IF: only #1 then licensing, exportsm etc. . 4 Types of of MNCs Internationalization (mostly raw materials shallow, mostly horizontal GCC) Multinationalization (local market manufacturingshallow, horizontal, no GCC) Transnationalization (glocal manufacturing vertical GCCs)...
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This document was uploaded on 10/26/2011 for the course PLIR 2050 at UVA.
- Fall '11