The eclectic paradigm is a theory in economics and is also known as the OLI-Model or OLI-Framework. It is a further development of the internalization theory and published by John H. Dunning in 1980. Internalization theory itself is based on the transaction cost theory. This theory says that transactions are made within an institution if the trans...
Found on
http://en.wikipedia.org/wiki/Eclectic_paradigm
A theory that posits three types of advantages benefiting a multinational corporation: ownership-specific, location-specific, and market internalization advantages.
Found on
http://www.duke.edu/~charvey/Classes/wpg/bfglose.htm
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