The DOI matches its Crossref record; 220 of the 223 references it cites were found in a registry or an index.
Five decades of research on foreign direct investment by MNEs: An overview and research agenda
Open accessAbstract
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.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Claims other papers make about this one
Each is checked against this paper’s own text: does it say what the citing paper says it does?
The source backs part of the claim, not all of it — or backs it for a different population, condition or comparison.
In the citing paper
“As per Paul and Feliciano-Cestero (2021), only empirical papers that are based on data collected from a sample should be considered for country-wise synthesis.”
From Electronic shopping cart abandonment: What do we know and where should we be heading? (2024) · cites this paper as Paul and Feliciano-Cestero, 2021
Experimental — accuracy not yet measured
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Firm Resources and Sustained Competitive Advantage
Barney, J. (1991) · Journal of Management · doi:10.1177/014920639101700108 · Cited by 48,334
Firm resources and sustained competitive advantage
Barney, J. B. (2004) · Advances in strategic management · doi:10.1016/s0742-3322(00)17018-4 · Cited by 38,216
A resource‐based view of the firm
Wernerfelt, B. (1984) · Strategic Management Journal · doi:10.1002/smj.4250050207 · Cited by 25,635
International Investment and International Trade in the Product Cycle
Vernon, R. (1966) · The Quarterly Journal of Economics · doi:10.2307/1880689 · Cited by 7,552
How does foreign direct investment affect economic growth?
Borensztein, E. R., Gregorio, J. D., & Lee, J. (1998) · Journal of International Economics · doi:10.1016/s0022-1996(97)00033-0 · Cited by 6,177
The Eclectic Paradigm of International Production: A Restatement and Some Possible Extensions
Dunning, J. (1988) · Journal of International Business Studies · doi:10.1057/palgrave.jibs.8490372 · Cited by 4,660
The Future of the Multinational Enterprise
Buckley, P. J., & Casson, M. (1976) · doi:10.1007/978-1-349-02899-3 · Cited by 4,478
Multinational Enterprises and the Global Economy.
McCaffrey, D. P., & Dunning, J. H. (1995) · Administrative Science Quarterly · doi:10.2307/2393707 · Cited by 3,903
Smarzynska, B. K. (2002) · World Bank, Washington, DC eBooks · doi:10.1596/1813-9450-2923 · Cited by 3,822
Toward an Eclectic Theory of International Production: Some Empirical Tests
Dunning, J. (1980) · Journal of International Business Studies · doi:10.1057/palgrave.jibs.8490593 · Cited by 3,304
Research works printed but not linked: 6
- Buckley, 1976, Vol. 1
- Cannon, 2014, How Uber and the sharing economy can win over regulators, Harvard Business Review, 13, 24
- Enderwick, 2005, Attracting “desirable” FDI: Theory and evidence, Transnational Corporations, 14, 93
- Mudambi, 2008, Spikes, blocs, and the “death of distance”, Journal of International Business Studies, 39, 1091
- Shen-biao, 2005, Causality test on the FDI and environment pollution in Jiang-su, Zhe-jiang and Shanghai [J], International Trade Journal, 12
- United Nations Conference On Trade And Development (UNCTAD). (2015).World Investment Report: Reforming International Investment Governance. United Nations Publications: Geneva.
Cited by
Sorted by citations
The art of writing literature review: What do we know and what do we need to know?
Paul, J., & Criado, A. R. (2020) · International Business Review · doi:10.1016/j.ibusrev.2020.101717 · Cited by 2,347
Self-citationScientific procedures and rationales for systematic literature reviews (SPAR‐4‐SLR)
Paul, J., Lim, W. M., O’Cass, A., Hao, A. W., & Bresciani, S. (2021) · International Journal of Consumer Studies · doi:10.1111/ijcs.12695 · Cited by 2,364
Self-citationReviving tourism industry post-COVID-19: A resilience-based framework
Sharma, G. D., Thomas, A., & Paul, J. (2020) · Tourism Management Perspectives · doi:10.1016/j.tmp.2020.100786 · Cited by 903
Self-citationMariani, M. M., Perez‐Vega, R., & Wirtz, J. (2022) · Psychology & Marketing · doi:10.1002/mar.21619 · Cited by 631
Lim, W. M., Yap, S. F., & Makkar, M. (2020) · Journal of Business Research · doi:10.1016/j.jbusres.2020.08.051 · Cited by 564
Metadata
- Authors
- Paul, J., & Feliciano-Cestero, M. M.
- Affiliations
- University of Puerto Rico System (PR)
- Corresponding author
- Feliciano-Cestero, María M.
- Venue
- Journal of Business Research
- Publisher
- Elsevier BV
- Published
- 2021-01
- Volume
- 124
- Pages
- 800-812
- ISSN
- 0148-2963 (ISSN-L)
- PMC
- PMC7151309
- OpenAlex
- W3015493597
- Cited by
- 401
- References
- 223
- Citations by year
- 2026: 42 · 2025: 88 · 2024: 82 · 2023: 68 · 2022: 72 · 2021: 37
- FWCI
- 50.58
- Type
- journal article
- Language
- en
- Open access
- green
- www.ncbi.nlm.nih.gov
- Locations
- Journal of Business Research (publishedVersion)
- PubMed Central (publishedVersion)
- PubMed (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Topics
- Social Sciences › Business, Management and Accounting › Strategy and Management › International Business and FDI
- Social Sciences › Business, Management and Accounting › Strategy and Management › Innovation and Knowledge Management
- Social Sciences › Economics, Econometrics and Finance › Finance › Corporate Finance and Governance
- Keywords
- foreign direct investment, multinational corporations, FDI theory, international business research, research agenda
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review