Does IB need a strategic theory of the firm?

• 成果类型: Article
• 署名作者: Barney, Jay B.; Arikan, Asli M.; Arikan, Ilgaz
• 署名单位: Utah System of Higher Education; University of Utah; University System of Ohio; Kent State University; Kent State University Kent; Kent State University Salem
• 刊物名称: JOURNAL OF INTERNATIONAL BUSINESS STUDIES
• ISSN/ISSBN: 0047-2506
• DOI: 10.1057/s41267-023-00606-1
• 发表日期: 2023
• 页码: 1105-1114
• 关键词: Theory of the firm; transactions cost economics; RESOURCE-BASED THEORY; internalization; strategic governance

摘要

International business scholars have successfully applied transactions cost economics theories of the firm to understand a wide variety of global business phenomena. However, because this theory takes the value of a global exchange as given, and then examines how to organize this exchange most efficiently, it cannot be considered a strategic theory of the firm. Some of the key elements of such a strategic theory of the firm, and how their introduction to international business research could change both theory and practice, are discussed.