Can Dunning's OLI (Ownership, Location, Internalization) framework be used
to predict the best performing international entry modes or merely the most
commonly selected modes? Using from German and Dutch firms investing in Ce
ntral and Eastern Europe, we investigate the relationship between Dunning's
OLI variables, entry mode selection and managerial satisfaction with firm
performance. We found empirical support for Dunning's framework as both a d
escriptive and a normative model.