Five decades of research on foreign direct investment by MNEs: An overview and research agenda

Despite the significance attached to foreign direct investment (FDI) by Multinational enterprises (MNEs), there are is no comprehensive review of the FDI literature. Moreover, those that have been published, focus on subsets of FDI. This review systematically examines the empirical as well as theore...

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Published inJournal of business research Vol. 124; pp. 800 - 812
Main Authors Paul, Justin, Feliciano-Cestero, María M.
Format Journal Article
LanguageEnglish
Published United States Elsevier Inc 01.01.2021
Elsevier B.V
Subjects
Business schools
Foreign direct investment
Foreign investments
Foreign subsidiary
IFDI
International business enterprises
MNE
OFDI
IFDI
Foreign direct investment
OFDI
MNE
Foreign subsidiary
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Summary:Despite the significance attached to foreign direct investment (FDI) by Multinational enterprises (MNEs), there are is no comprehensive review of the FDI literature. Moreover, those that have been published, focus on subsets of FDI. This review systematically examines the empirical as well as theoretical research on FDI through an analysis of 500 articles published during the last five decades. Theoretical models, methods, context, and contributions to scholarship were reviewed. We strive to highlight the key theories, paradigms, and articles and provide directions for future research. We conclude that FDI has evolved as the most significant area of international business.
Bibliography:ObjectType-Article-1
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ISSN:0148-2963
1873-7978
0148-2963
DOI:10.1016/j.jbusres.2020.04.017