Cultural distance is a widely used construct in international business, where it has been
applied to foreign investment expansion, entry mode choice, and the performance of foreign …

This paper reviews and assesses recent empirical research on the internationalisation of
smaller firms, in the context of Foreign Direct Investment theory, the" Stage" models of …

For many years to come this volume... is surely going to be the ultimate reference work on
international business... thanks to Dunning and Lundan, have at their disposal, a wealth of …

Multinational Enterprise and Economic Analysis surveys the contributions that economic
analysis has made to our understanding of why multinational enterprises exist and what …

International business refers to business activities that involve the transfer of resources (raw
materials, capital and people), goods (finished assemblies and products), services …

This paper updates some of the author's thinking on the eclectic paradigm of international
production, and relates it to a number of mainstream, but context-specific economic and …

Even though international marketing has been challenged because of theoretical and
methodological shortcomings, very few researchers have actually attempted to analyze the …

Firms interested in servicing foreign markets face a difficult decision with regards to the
choice of an entry mode. The options available to a firm include exporting, licensing, joint …

This paper presents a transaction costs theory of equity joint ventures. It distinguishes
between 'scale'and 'link'JVs. Scale JVs arise when parents seek to internalize a failing …

Transaction cost theory (TCT) has been fruitfully applied to a wide range of organizational
phenomena, as reflected in a vast and evolving body of research. However, in part due to …