The contribution of internalisation theory to international business: New realities and unanswered questions

Peter J. Buckley

Journal of World Business, 2016, vol. 51, issue 1, 74-82

Abstract: This paper sets out the importance of internalisation theory to international business research and practice. It examines the context against which the theory has been developed, the environmental conditions in which the multinational enterprise has evolved and the phenomena that the theory has explained. It also examines the challenge to the theory of “unanswered questions”. These include governance, location theory, dynamics, networked multinationals, innovation, entrepreneurship and the role of risk and uncertainty.

Keywords: Internalisation theory; Multinational enterprise; Internationalisation of the firm; Innovation; International entrepreneurship; Governance (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (39)

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DOI: 10.1016/j.jwb.2015.08.012

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