Marketing and the Multinational: Extending Internalisation Theory

Peter J. Buckley, Mark Casson

Research output: Chapter in Book/Conference proceedingChapterpeer-review

Abstract

Introducing marketing explicitly into the internalisation theory of the multinational enterprise considerably extends the power of the theory. In particular, it enables a comparison of marketing-led and technology-led multinationals and highlights the benefits of collaboration between them. It facilitates the analysis of outsourcing, and in particular of R&D. It highlights the importance to marketing led firms of owning product rather than facilities. The analysis addresses key issues relating to “hollow firms”, “flagship firms” and the “global factory”.
Original languageEnglish
Title of host publicationThe Multinational Enterprise and the Emergence of the Global Factory
EditorsPeter J. Buckley
Place of PublicationBasingstoke
PublisherPalgrave Macmillan Ltd
Chapter2
Pages20–51
Number of pages32
ISBN (Electronic)9781137402387
ISBN (Print)9781137402363, 9781349486687
DOIs
Publication statusPublished - 21 Nov 2014

Keywords

  • supply chain
  • knowledge flow
  • multinational enterprise
  • international business study
  • channel leader

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