scholarly journals MULTINATIONAL ENTERPRISES AND INTERNATIONAL BUSINESS THEORY DEVELOPMENT

2019 ◽  
Vol 24 (5(78)) ◽  
Author(s):  
Oleksandr Rogach
Keyword(s):  
International Business ◽  
Multinational Enterprises ◽  
Theory Development ◽  
International Business Theory

scholarly journals The New Internalization Theory and Multinational Enterprises from Emerging Economies: A Business History Perspective

2015 ◽  
Vol 89 (3) ◽  
pp. 415-445 ◽  
Author(s):  
Alain Verbeke ◽  
Liena Kano
Keyword(s):  
International Business ◽  
Emerging Economies ◽  
Multinational Enterprises ◽  
Emerging Economy ◽  
Business History ◽  
Internalization Theory ◽  
Historical Evidence ◽  
International Business Theory ◽  
History Of ◽  
Research Agendas

The recent surge of emerging-economy multinational enterprises (EMNEs) has prompted a debate on whether existing international business theory—particularly internalization theory—can accommodate this phenomenon. Our view is that no new, EMNE-centric theory is required to study EMNEs. Using historical evidence, we argue that “new” internalization theory is sufficient to address the complexity of EMNEs, and we illustrate our argument with examples of ten successful EMNEs from Asia and the Americas. We further argue that a business history lens can illuminate the behavior of developed-economy multinationals. We show how management scholars can advance their research agendas by engaging with business history and how business historians can use internalization theory to analyze the history of multinationals.

scholarly journals Multinational Enterprises and International Cartels: The Strategic Implications of De-globalization

2021 ◽  
pp. 1-21 ◽  
Author(s):  
Peter J. Buckley ◽  
Mark Casson
Keyword(s):  
International Business ◽  
Multinational Enterprises ◽  
Historical Significance ◽  
International Business Theory ◽  
Policy Relevance ◽  
Institutional Responses ◽  
The Future

Abstract A cartel is an association of independent businesses for the purpose of regulating trade in an industry. There are three important reasons for studying international cartels: they will become important in the future; they are of immense historical significance; and they are poorly understood. This paper reviews the economic, political, and historical literatures on international cartels and considers the lessons for international business theory and policy. If IB researchers are to retain their reputation for policy-relevance, they must engage with the issue of institutional responses to globalization, and this must include the analysis of cartels.

Marketing's Role in International Business Theory Development

1977 ◽  
Vol 12 (2) ◽  
pp. 208-217 ◽  
Author(s):  
John K. Ryans ◽  
Henry W. Woudenberg
Keyword(s):  
International Business ◽  
Theory Development ◽  
International Business Theory

The internalization of societal failures by multinational enterprises

2015 ◽  
Vol 23 (3) ◽  
pp. 170-187 ◽  
Author(s):  
Peter J. Buckley, OBE ◽  
Jean J. Boddewyn
Keyword(s):  
Multinational Enterprises ◽  
Theory Development ◽  
Multinational Firm ◽  
Economic Institutions ◽  
Internalization Theory ◽  
Content Type ◽  
Political Role ◽  
Economies In Transition ◽  
Economic Markets ◽  
Managerial Strategies

Purpose – The purpose of this paper is to show that the market-internalization framework can be applied to non-economic institutions because society’s non-market sub-systems – political, social and cultural – are subject to failures just like economic markets, and firms can contribute to their repair or replacement by selectively, strategically and responsibly internalizing the market and non-market arenas for these sub-systems’ functions. Design/methodology/approach – Internalization theory is applied to a new area – that of societal failures. Findings – Internalization theory can be applied to the joint failures of economic and non-economic institutions, and this helps explain the growing “political role” of multinational enterprises in economies in transition as well as the phenomenon of increasing multinational firm activity in underdeveloped economies. Research limitations/implications – The limits and implications of internalization are drawn in terms of theory development, legitimacy and managerial strategies. Originality/value – This paper is the first to analyze the selective internalization of societal failures by the multinational enterprises. It extends internalization theory and examines the contested notion of “public goods”.

Strategic Management of International Subcontracting

2010 ◽  
pp. 1924-1934
Author(s):  
Yue Wang
Keyword(s):  
Supply Chain ◽  
Strategic Management ◽  
Transaction Cost ◽  
Empirical Research ◽  
International Business ◽  
Multinational Enterprises ◽  
Cost Model ◽  
Governance Structure ◽  
Complex Nature ◽  
Relational Contract

Research on international subcontracting has been policy-oriented and industry-focused. There is a lack of understanding of the phenomenon from strategic management and international business perspectives. This article conceptualizes international subcontracting as a type of relational contract formed by buyers and suppliers from different countries, aiming to facilitate the sourcing of products or components with buyer-specific requirements. It builds a transaction cost model for studying the strategic choice of international subcontracting as an intermediate governance structure, sitting between arm’s length outsourcing arrangement and vertically integrated multinational enterprises (MNEs). A set of propositions are developed to aid future empirical research and to provide managers with some guidelines for organizing supply chain across borders. The model also allows managers to examine the complex nature of a range of subcontracting relationships and identify the specific mechanisms that can be used to preserve and manage the dyadic principal-subcontractor exchanges.

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