Internalization theory and its impact on the field of international business

Alan Rugman, Alain Verbeke

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

Internalization theory explains the existence and functioning of the multinational enterprise. It contributes to understanding the boundaries of the multinational enterprise, its interface with the external environment and its internal organizational design. Much work in the international strategic-management sphere has unfortunately not taken on board internalization-theory thinking and lacks the insights provided by this comparative institutional approach. In this chapter, we show how well-known international strategic-management models could be enriched and their normative implications altered by adopting an internalizing-theory lens.
Original languageEnglish
Title of host publicationInternational Business Scholarship: AIB fellows on the first 50 years and beyond
PublisherEmerald Group Publishing
Pages155-174
Number of pages20
Volume14
ISBN (Print)978-0-7623-1470-6
Publication statusPublished - 2007

Publication series

NameResearch in global strategic management

Keywords

  • Internalization theory
  • multinational enterprises

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