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While Japan has been attracting far less foreign investment than other mature economies, it could offer insights into FDI decision-making for international firms entering countries with a shrinking domestic market and increased international competition. Using a Delphi methodology with contributions from foreign direct investors and experts, we propose a model of inbound FDI in Japan and identify four types of investors based on the nature of investments and market maturity, namely empire builders, rescuers, niche players, and cherry-pickers. This framework, offering both descriptive and prescriptive components, highlights the importance of the predisposition and motives of local takeover targets and business partners in foreign market entry decisions. This model can help foreign firms take advantage of investment opportunities in Japan, and provide lessons for market entry in other mature economies facing similar conditions. Recent Trends in Foreign Direct InvestmentAlthough historically, developed countries have been both the source and the host of most foreign direct investment (FDI) (Glass, 2008), their share is on the decline. Developed nations attracted 55% of global

Cet article porte sur les effets de l’accélération de l’intégration mondiale d’espaces économiques, multiples et enchevêtrés, dans le but de permettre aux différents acteurs impliqués d’en cerner les enjeux. Les auteurs identifient quatre axes de recherche, bien souvent interconnectés, dans le champ du Management et du Développement International des organisations : l’intégration de nouvelles logiques de diagnostic et de prise de décision, la prise en compte de nouveaux profils de parties prenantes, la montée en puissance de nouveaux rapports de force entre espaces et acteurs économiques, et les relations entre schémas organisationnels et évolutions interculturelles au sein des organisations.This article explores the multiple and interwoven effects of accelerating international market integration in order to allow economic actors to better distinguish upcoming stakes. The authors identify four related, often connected, research perspectives within the international business field: integrating new logics of diagnostic and decision-making, considering new types of stakeholders, changing balance of power between economic territories and players, and strengthening the relationship between the transformation of organizational structures and intercultural evolutions.Este artículo se refiere a los efectos de la aceleración de la integración mundial de los mercados, múltiples y enmarañados, con el fin de permitir a los diferentes actores económicos de encarar los desafíos. Los autores identifican cuatro perspectivas de investigación, muy a menudo interconectadas, que emanan del domino del Management Internacional: la integración de nuevas lógicas de diagnóstico y toma de decisiones, la aceptación de nuevos perfiles por parte de las partes interesadas, la consideración de las nuevas relaciones de poderes establecidas entre espacios y actores económicos, y el fortalecimiento de la relación entre la transformación de los esquemas organizativos y las evoluciones interculturales