John H. Dunning

John H. Dunning is a British economist best known for his work in international business and the theory of ownership, location, and internalization, commonly referred to as the OLI framework. This framework explains why companies expand internationally, suggesting that they operate most effectively when they own resources (Ownership), choose the best places to operate (Location), and decide whether to do things internally or work with others (Internalization). Dunning's research has significantly influenced our understanding of foreign direct investment and multinational corporations, making him a key figure in international economics and business studies.