TY - JOUR
T1 - Cycles of de-internationalization and re-internationalization
T2 - Towards an integrative framework
AU - Kafouros, Mario
AU - Cavusgil, S. Tamer
AU - Devinney, Timothy M.
AU - Ganotakis, Panagiotis
AU - Fainshmidt, Stav
N1 - Publisher Copyright:
© 2021 Elsevier Inc.
PY - 2022/1
Y1 - 2022/1
N2 - Internationalization is a complex process that is neither always forward moving nor monotonic. Firms often reduce the depth and scope of their international footprint or even completely withdraw from foreign markets. Although scholars have recognized that there are cycles of de-internationalization and re-internationalization (and increasingly pressures for back-shoring), the antecedents and motivators for these internationalization pathways have received limited attention. In this study, we first review prior explanations as to why firm behaviour exhibits cycles of de-internationalization and re-internationalization. We then formulate an integrative framework and propose a comprehensive agenda for future research aimed at advancing internationalization theory.
AB - Internationalization is a complex process that is neither always forward moving nor monotonic. Firms often reduce the depth and scope of their international footprint or even completely withdraw from foreign markets. Although scholars have recognized that there are cycles of de-internationalization and re-internationalization (and increasingly pressures for back-shoring), the antecedents and motivators for these internationalization pathways have received limited attention. In this study, we first review prior explanations as to why firm behaviour exhibits cycles of de-internationalization and re-internationalization. We then formulate an integrative framework and propose a comprehensive agenda for future research aimed at advancing internationalization theory.
KW - Back-shoring
KW - De-internationalization
KW - Divestment
KW - Internationalization theory
KW - Market exit
KW - Market re-entry
KW - Re-internationalization
UR - https://www.mendeley.com/catalogue/1e7e4045-6ac7-39de-8f5b-92d15fbd0bd7/
UR - https://research.manchester.ac.uk/en/publications/d7eb8f10-c409-4ff2-96a7-f7c55b7afc05
U2 - 10.1016/j.jwb.2021.101257
DO - 10.1016/j.jwb.2021.101257
M3 - Article
AN - SCOPUS:85112170387
SN - 1090-9516
VL - 57
JO - Journal of World Business
JF - Journal of World Business
IS - 1
M1 - 101257
ER -