The Internationalization Process of the Firm - A Model of Knowledge Development and Increasing Foreign Market Commitments
Jan Johanson,Jan-Erik Vahlne +1 more
TLDR
In this paper, a model of the internationalization process of a firm focusing on the gradual acquisition, integration and use of knowledge about foreign markets and operations, and on the incrementally increasing commitments to foreign markets is developed.Abstract:
On the basis of empirical research, a model of the internationalization process of the firm is developed. The model focuses on the gradual acquisition, integration and use of knowledge about foreign markets and operations, and on the incrementally increasing commitments to foreign markets. In particular, attention is concentrated on the increasing involvement in the individual foreign country.read more
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The Effect of National Culture on the Choice of Entry Mode
Bruce Kogut,Harbir Singh +1 more
TL;DR: In this paper, the authors investigated the influence of national culture on the choice of entry modes in the United States market by analysing data on 228 entries into the market by acquisition, wholly owned greenfield and joint venture.
Journal ArticleDOI
The Uppsala Internationalization Process Model Revisited: From Liability of Foreignness to Liability of Outsidership
Jan Johanson,Jan-Erik Vahlne +1 more
TL;DR: The Uppsala internationalization process model was revisited in the light of changes in business practices and theoretical advances that have been made since 1977 as mentioned in this paper, and the change mechanisms in the revised model are essentially the same as those in the original version, although they add trust-building and knowledge creation, the latter to recognize the fact that new knowledge is developed in relationships.
Journal ArticleDOI
Toward a theory of international new ventures
TL;DR: The formation of organizations that are international from inception is an increasingly important phenomenon that is incongruent with traditionally expected characteristics of multinational enterprises as mentioned in this paper, and a framework is presented that explains the phenomenon by integrating international business, entrepreneurship, and strategic management theory that describes four necessary and sufficient elements for the existence of international new ventures.
Journal ArticleDOI
Toward a Theory of International New Ventures
TL;DR: In this paper, a framework is presented that explains the existence of international new ventures by integrating international business, entrepreneurship, and strategic management theory, and it describes four necessary and sufficient elements for such organizations: organizational formation through internalization of some transactions, strong reliance on alternative governance structures to access resources, establishment of foreign location advantages, and control over unique resources.
References
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Book
The theory of the growth of the firm
TL;DR: In this article, the authors studied the role of large and small firms in a growing economy and found that large firms are more likely to acquire and merge smaller firms in order to increase their size.
Posted Content
A Behavioral Theory of the Firm
Richard M. Cyert,James G. March +1 more
TL;DR: In this article, the authors advocate a theory based on empirical observation of actual firm decision-making, which provides a theory of decision making within business organizations, contrary to the economic theory of the firm, which sees firms as profit-maximizing entities.
Journal ArticleDOI
The internationalization of the firm — four swedish cases
TL;DR: In this article, the authors analyse the internationalization of four Swedish firms (Sandvik, Atlas Copco, Facit and Volvo) and show that they sell more than two-thirds of their turnover abroad and have production facilities in more than one foreign country.
Journal ArticleDOI
International Corporations: The Industrial Economics of Foreign Investment
TL;DR: In this article, the authors argue that foreign direct investment occurs mainly in industries characterized by certain market structures in both the "lending" or home and "borrowing" (or host) countries.
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The Uppsala Internationalization Process Model Revisited: From Liability of Foreignness to Liability of Outsidership
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