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.
| Original language | English |
|---|---|
| Pages (from-to) | 74-82 |
| Number of pages | 9 |
| Journal | Journal of World Business |
| Volume | 51 |
| Issue number | 1 |
| Early online date | 11 Sept 2015 |
| DOIs | |
| Publication status | Published - 1 Jan 2016 |
Keywords
- governance
- innovation
- internalisation theory
- international entrepreneurship
- internationalisation of the firm
- multinational enterprise