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作者:Verbeke, Alain; Fariborzi, Hadi
作者单位:University of Calgary; University of Reading; Vrije Universiteit Brussel; University of Sussex
摘要:We propose an analytical business history approach, informed by new internalisation theory, to study managerial governance adaptation in the multinational enterprise (MNE). We shed new light on the timing and the scale of managerial governance adaptation. These two issues have remained largely unaddressed in mainstream international business theory. We uncover the importance of delayed, larger-scale governance adaptation as a response to cumulative, localised commitment failures. We illustrate...
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作者:Benito, Gabriel R. G.; Petersen, Bent; Welch, Lawrence S.
作者单位:BI Norwegian Business School; Copenhagen Business School
摘要:In a research note in this issue, Strange and Humphrey discuss how a global value chain (GVC) approach serves to usefully move internalization theory towards a better understanding of the increasingly important 'middle ground' between markets and hierarchies in the contemporary highly globalized international business scene. After a brief recount of their main arguments, we argue that their discussion needs to the extended, as it does not adequately recognize important differences between inte...
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作者:Hennart, Jean-Francois
作者单位:Tilburg University; Vienna University of Economics & Business; Polytechnic University of Milan
摘要:Banalieva and Dhanaraj argue that digital service multinationals (DSMNCs) possess a new category of firm-specific advantage (FSA), the network advantage, and that, contrary to extant theory, they use networks as a mode of governance. I review the business models used by DSMNCs, compare them to non-digital ones, and explore what we can learn about them from extant IB theory. I conclude that network advantages are not a new category of FSAs, that networks are not a mode of governance, and that t...
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作者:Narula, Rajneesh; Asmussen, Christian Geisler; Chi, Tailan; Kundu, Sumit Kumar
作者单位:University of Reading; University of London; King's College London; Copenhagen Business School; University of Wisconsin System; University of Wisconsin Milwaukee; State University System of Florida; Florida International University
摘要:Internalization theory has provided a resilient analytical framework that explicitly or implicitly underlines much of International Business scholarship. Internalization theory is not a monolithic body of knowledge; instead, it has devolved into several 'streams', each of which focuses on the interests of particular epistemic communities, while also acting as a more generic organizing framework for those more broadly interested in its application to real-world challenges. Following a review of...
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作者:Wang, Stephanie Lu; Li, Dan
作者单位:Indiana University System; IU Kelley School of Business; Indiana University Bloomington
摘要:We extend the internalization literature by theorizing on how public disclosure of corporate social irresponsibility (CSI) can damage reputation-based firm-specific advantages of multinational companies (MNCs) and how foreign subsidiary governance can subsequently be used as strategic responses. Specifically, we distinguish between two foreign subsidiary governance mechanisms - information control and ownership control - that the prior literature has often assumed operate in parallel, and posi...
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作者:Elia, Stefano; Larsen, Marcus M.; Piscitello, Lucia
作者单位:Polytechnic University of Milan; Copenhagen Business School; BI Norwegian Business School; University of Reading
摘要:We explore when and why decision makers choose international entry modes (e.g., hierarchies or markets) that deviate from internalization theory's predictions. By applying a cognitive perspective on entry mode decision making, we propose that the performance of prior international activities influences decision makers' behavior in different ways than assumed in internalization theory. More specifically, due to a representativeness bias, underperforming (overperforming) past ventures influence ...
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作者:Lopes, Teresa da Silva; Casson, Mark; Jones, Geoffrey
作者单位:University of York - UK; University of Reading; Harvard University
摘要:This article engages in a methodological experiment by using historical evidence to challenge a common misperception about internalization theory. The theory has often been criticized for maintaining that it assumes a hierarchically organized MNE based on knowledge flowing from the home country. This is not an accurate description of how global firms operate in recent decades, but this article shows it has never been true historically. Using longitudinal data on individual firms from the ninet...
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作者:Buckley, Peter; Casson, Mark
作者单位:University of Leeds; University of Reading; University of Reading
摘要:This paper builds on preceding papers. It distinguishes three domains of international business theory: the boundaries of the multinational enterprise, the external environment of the enterprise and its internal structure. The central concern of internalisation theory is the boundaries of the firm. Any general theory of international business must also analyse the external environment and internal structure. Competition dominates the external environment while co-operation dominates internal s...
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作者:Grogaard, Birgitte; Rygh, Asmund; Benito, Gabriel R. G.
作者单位:BI Norwegian Business School; University of Manchester; Alliance Manchester Business School
摘要:We use internalization theory to analyze the establishment and entry mode decisions of state-owned (SOE) and privately owned (POE) enterprises. We enrich internalization theory by building on insights from economic theory of corporate governance and taking into account particular characteristics of SOEs such as non-economic motivations, long-term orientation, and different risk preferences. We examine foreign entries over a 10-year period in the Canadian oil and gas industry. This single-count...
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作者:Banalieva, Elitsa R.; Dhanaraj, Charles
作者单位:Northeastern University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
摘要:We study the internationalization of digital service multinational enterprises (SMNCs), focusing on how digitalization alters internalization theory's assumptions about the nature of firm-specific assets (FSAs) and the theory's predictions about governance choices in cross-border transactions. We invoke Simon's (Proc Am Philos Soc 106(6):467-482, 1962) near-decomposability concept to explain how digitalization enables two distinct types of FSAs - technology and human capital. Applying the idea...