Abstract
This article proposes that the oligopoly power and internalization models of the multinational enterprise should be reviewed in light of the newly developing resource-based model of strategy and managerial decision-making models of strategic management. The perspective described here suggests that strategy-making under conditions of uncertainty and the drive to gain competitive advantage from deployment of firm-specific resources are important issues in the internalization decision of the MNE in a host market. The role of transaction cost efficiency in generating subsidiary governance structures is redefined to be compatible with the demands of these additional considerations of the multinational strategic manager.
Document Type
Article
Publication Date
9-1-1992
Publisher Statement
Copyright 1992 by the Southern Management Association 0149-2063/92/$2.00.
Recommended Citation
Tallman, Stephen. "A Strategic Management Perspective on Host Country Structure of Multinational Enterprises", Journal of Management, 18(3), Sept 1992, 455-471.
