haku: @indexterm THEORY OF THE FIRM / yhteensä: 35
viite: 15 / 35
| Tekijä: | Contractor, F. J. |
| Otsikko: | Is international business good for companies? The evolutionary or multi-stage theory of internationalization vs. the transaction cost perspective |
| Lehti: | Management International Review
2007 : VOL. 47:3, p.453-475 |
| Asiasana: | theory of the firm international business |
| Vapaa asiasana: | multinationality-performance relationship past empirical results |
| Kieli: | eng |
| Tiivistelmä: | The aim of this paper is to articulate, more precisely than has occurred in the past, the principal theory rationales underlying the Multinationality/Performance (M/P) link. Each claim for the negative or positive benefits of internationalization is examined from the lens of the theory of the firm and the multinational enterprise. Another objective of this paper is to respond to critiques of MIP theory and discuss methodology and operationalization problems in empirical testing. While international expansion of a firm will not necessarily always improve performance, for the most part, net positive benefits accrue from internationalization. The results of over one hundred empirical studies over the past 30 years appear, on superficial examination, to be contradictory, but can be reconciled by the recently proposed 3-stage or S-shaped general theory. |
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