The eclectic paradigm, also known as the OLI Model or OLI Framework (OLI stands for Ownership, Location, and Internalization), is a theory in economics.
[1][2] It is a further development of the internalization theory and published by John H. Dunning in 1979.
[3] Modern Trade Theory incorporates this paradigm using the Grossman-Hart-Moore Theory of the firm[4]