Competitive Advantage and the Existence of the Multinational Corporation: Earlier Research and the Role of Frictions
回应Hashai和Buckley关于跨国公司是否需要竞争优势的论点，同意其结论但提出更丰富的理论解释，并建模了其他不完美因素如何推动国际化。
This article provides a counterpoint to Hashai and Buckley's article ‘Is competitive advantage a necessary condition for the emergence of the multinational enterprise?’ We agree with their conclusion that it is, in fact, not a necessary condition, but argue that the theoretical reasons behind this are different and more diverse than the ones they propose. We suggest that much extant economic theory is, in fact, consistent with their view that firms may internationalize without owning or achieving competitive advantages, and we model various other ways in which imperfections can drive their overall result. We strongly applaud Hashai and Buckley's attempt to add more rigor to international business theory and call for future work to extend this debate.