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New Challenges for International Business Research: A Review of Extant Research and the Unique Contributions of John Dunning
Authors:Jeffrey A Krug
Institution:1. College of Business , Loyola University New Orleans , New Orleans , Louisiana , USA jakrug@loyno.edu
Abstract:Relative to other fields, international business is a young field of study. Tracing its origins to the mid-1950s, the field began to develop unique theories and paradigms in the 1970s and 1980s. The field has developed rich research streams since and has become firmly established as an independent field of study and important part of university curricula. John Dunning (1902–2009) is widely regarded as a father of the field, carving out unique theories from his primary field of economics and through his efforts hiring and training future prominent international business scholars. This article examines the evolution of the international business field and unique contributions of John Dunning's research to the development of extant theory. It then reviews Dunning's last contribution—his fifth and last book entitled New Challenges for International Business Research: Back to the Future.
Keywords:International business  John Dunning  Foreign direct investment (FDI)  Multinational enterprise (MNE)  International business theory
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