According to the eclectic theory, an ownership advantage is the advantage of locating a particular economic activity in a specific location because of the characteristics of that location.

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The eclectic theory, also known as the OLI model, defines ownership advantage as the unique assets or capabilities a firm possesses, not related to location. Location advantage refers to the benefits of conducting activities in a specific place.

According to the Eclectic Theory, an Ownership Advantage Is the Advantage