Decision-making in international business

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Buckley, P. and Casson, M. orcid id iconORCID: https://orcid.org/0000-0003-2907-6538 (2019) Decision-making in international business. Journal of International Business Studies, 50 (8). pp. 1424-1439. ISSN 1478-6990 doi: 10.1057/s41267-019-00244-6

Abstract/Summary

This paper distinguishes three domains of international business theory: the boundaries of the multinational enterprise, the external environment of the enterprise and its internal structure. The central concern of internalisation theory is the boundaries of the firm. Any general theory of international business must analyse the external environment and internal structure as well. Competition dominates the external environment whilst co-operation dominates internal structure. Different models of decision-making are required for each. Different theories of decision-making must therefore be integrated in order to transform internalisation theory into a general theory of international business. This paper examines how this can be done.

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Item Type Article
URI https://reading-clone.eprints-hosting.org/id/eprint/83283
Identification Number/DOI 10.1057/s41267-019-00244-6
Refereed Yes
Divisions Arts, Humanities and Social Science > School of Politics, Economics and International Relations > Economics
Publisher Palgrave Macmillan
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