John H. Dunning


University of Reading, England, United Kingdom
Rutgers University, The State University of New Jersey, United States

John Harry Dunning was a British economist and is widely recognized as the father of the field of international business. He held the Order of the British Empire (OBE), a British order of chivalry, rewarding contributions to the arts and sciences. He researched the economics of foreign direct investment and the multinational enterprise from the 1950s until his death. In the 1980s, he published the eclectic paradigm or the ownership-location-internationalization (OLI) model/framework as further development on internalization theory. OLI remains influential theoretical perspective to study international business activities, notably foreign direct investment and multinational enterprises. His first book, American Investment in British Manufacturing Industry (1958), is the first seminal work in the international business field.