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Management International Review
Erschienen in: Management International Review 3/2018

14.02.2018 | Research Article

The Theory of International Business: The Role of Economic Models

Erschienen in: Management International Review | Ausgabe 3/2018

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Abstract

This paper reviews the scope for economic modelling in international business. It argues for a multi-level theory based on classical internalisation theory. The theory extends the ‘systems approach’ to the multinational enterprise in which modular activities, such as production, marketing and R&D, are linked by flows of semi-processed products and proprietary knowledge. It is shown how this theory can be extended from the firm level to the industry level in order to analyse inter-firm co-operation and rivalry. The theory can be extended to higher levels (e.g., the global economy) and lower levels (e.g., personal relationships within plants and offices).
Nächster Artikel Capital Structure of Foreign Direct Investments: A Transaction Cost Analysis

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Metadaten
Titel
The Theory of International Business: The Role of Economic Models
Publikationsdatum
14.02.2018
Erschienen in
Management International Review / Ausgabe 3/2018
Print ISSN: 0938-8249
Elektronische ISSN: 1861-8901
DOI
https://doi.org/10.1007/s11575-018-0342-6

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