Examination of the eclectic paradigm as applied to international contracting ‐ with emphasis on the internalization dimension
Engineering, Construction and Architectural Management
ISSN: 0969-9988
Article publication date: 1 February 1995
Abstract
Seymour's application of the eclectic paradigm to the international construction industry is examined. As with other theories on multinational enterprise, the paradigm was conceived by Dunning to explain the phenomenon of foreign direct investment in the manufacturing sector. In retaining it to explain international involvement of construction companies, certain conventional economic reasoning was modified. It is the contention of this paper that Seymour's conceptualization is incongruent with the peculiarities of international contracting. Neither does it reflect the extensive debate on the suitability of well‐grounded economic thoughts to international services. In the course of preparing this paper, it was found that a few government and international agencies have had to confront the difficulties of applying the existing theoretical framework to the services sector. Refinements are proposed here to make Seymour's theoretical construct more robust as a tool for future research, simply by referring to direct observations and materials which were at his disposal.
Keywords
Citation
ABDUL‐AZIZ, A. (1995), "Examination of the eclectic paradigm as applied to international contracting ‐ with emphasis on the internalization dimension", Engineering, Construction and Architectural Management, Vol. 2 No. 2, pp. 105-120. https://doi.org/10.1108/eb021006
Publisher
:MCB UP Ltd
Copyright © 1995, MCB UP Limited