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The Uppsala Internationalization Process Model Revisited: From Liability of Foreignness to Liability of Outsidership
Jan Johanson,Jan-Erik Vahlne +1 more
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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.Abstract:
The Uppsala internationalization process model is revisited in the light of changes in business practices and theoretical advances that have been made since 1977. Now the business environment is viewed as a web of relationships, a network, rather than as a neoclassical market with many independent suppliers and customers. Outsidership, in relation to the relevant network, more than psychic distance, is the root of uncertainty. The change mechanisms in the revised model are essentially the same as those in the original version, although we add trust-building and knowledge creation, the latter to recognize the fact that new knowledge is developed in relationships.read more
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Home country supportiveness/unfavorableness and outward foreign direct investment from China
TL;DR: In this paper, the authors proposed a theoretical model to predict the outward foreign direct investment (OFDI) by emerging market firms (EMFs) from China using a strategy tripod framework.
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Experience, age and exporting performance in UK SMEs
TL;DR: In this article, the authors consider the determinants of SME exporting performance using a survey of internationally engaged UK SMEs and develop a model incorporating organisational and prior managerial learning effects to identify separately the positive effects on exporting from the international experience of the firm and the negative effects of firm age.
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Country-specific determinants of cross-border mergers and acquisitions: A comprehensive review and future research directions
TL;DR: In this paper, a taxonomy of research published over the past three decades in international business, strategic management, finance, and economics is presented, with syntheses in seven strands: macroeconomic and financial markets environment, institutional and regulatory environment, political environment and corruption, tax and the taxation environment, accounting standards and valuation guidelines, cultural environment, and geographical environment.
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Speed of internationalization: Conceptualization, measurement and validation
Sylvie Chetty,Sylvie Chetty,Martin Johanson,Martin Johanson,Oscar Martín Martín,Oscar Martín Martín +5 more
TL;DR: In this article, the authors propose a new, theory-driven and multidimensional conceptualization and operationalization of the Uppsala model for speed of internationalization, which is embedded in the main concepts of the original Uppala model.
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International entrepreneurship: A critical analysis of studies in the past two decades and future directions for research
TL;DR: In this paper, an integrative framework based on international business, entrepreneurship, strategic management, social network and marketing theories is proposed to examine gaps, issues and trends of international entrepreneurship in the last two decades.
References
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Absorptive capacity: a new perspective on learning and innovation
TL;DR: In this paper, the authors argue that the ability of a firm to recognize the value of new, external information, assimilate it, and apply it to commercial ends is critical to its innovative capabilities.
Journal ArticleDOI
Economic Action and Social Structure: The Problem of Embeddedness
TL;DR: In this article, the extent to which economic action is embedded in structures of social relations, in modern industrial society, is examined, and it is argued that reformist economists who attempt to bring social structure back in do so in the "oversocialized" way criticized by Dennis Wrong.
Posted Content
An Evolutionary Theory of Economic Change
TL;DR: In this paper, the authors developed an evolutionary theory of the capabilities and behavior of business firms operating in a market environment, including both general discussion and the manipulation of specific simulation models consistent with that theory.
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The Commitment-Trust Theory of Relationship Marketing
Robert Morgan,Shelby D. Hunt +1 more
TL;DR: Relationship marketing, established, developing, and maintaining successful relational exchanges, constitutes a major shift in marketing theory and practice as mentioned in this paper, after conceptualizing relationship relationships as a set of relationships.
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Exploration and Exploitation in Organizational Learning
TL;DR: In this paper, the authors consider the relation between the exploration of new possibilities and the exploitation of old certainties in organizational learning and examine some complications in allocating resources between the two, particularly those introduced by the distribution of costs and benefits across time and space.
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