2016
DOI: 10.1108/mbr-11-2015-0055
|View full text |Cite
|
Sign up to set email alerts
|

A manifesto for the widening of internalisation theory, being a reply to Hillemann and Verbeke

Abstract: Purpose -The purpose of this paper is to extend the purview of internalisation theory in understanding the global allocation of resources in different institutional contexts. Design/methodology/approach -Theoretical extensions of internalisation theory are proposed in response to a comment. Findings -The traditional focus of internalisation theory can be extended beyond the normal market exchange context, first, by expanding the range of transactions; second, by including non-market actors; and third, by expan… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
1

Citation Types

0
3
0

Year Published

2018
2018
2021
2021

Publication Types

Select...
2
1

Relationship

1
2

Authors

Journals

citations
Cited by 3 publications
(3 citation statements)
references
References 12 publications
0
3
0
Order By: Relevance
“…Similarly, internalisation theory has traditionally focussed on minimising transaction costs and ensuring value capture from firm-specific assets. Recently, however, Buckley and Boddewyn (2015, 2016) suggested extending this theory to internalisation of “societal failures”, widening the theory’s scope in terms of the range of types of transactions, actors (also non-market actors) and welfare criteria (e.g. equity) that are considered.…”
Section: The Sustainable Development Goals Within the International B...mentioning
confidence: 99%
“…Similarly, internalisation theory has traditionally focussed on minimising transaction costs and ensuring value capture from firm-specific assets. Recently, however, Buckley and Boddewyn (2015, 2016) suggested extending this theory to internalisation of “societal failures”, widening the theory’s scope in terms of the range of types of transactions, actors (also non-market actors) and welfare criteria (e.g. equity) that are considered.…”
Section: The Sustainable Development Goals Within the International B...mentioning
confidence: 99%
“…Second, the conservative nature of scholarly IB research means that while it has evolved to reflect changing conditions (Liesch et al, 2011), this has sometimes been a slow process. However, there are signs that IB scholars are broadening the scope of their endeavours and are beginning to examine non-traditional topics (Buckley and Boddewyn, 2016;Buckley, et al, 2017;Jones and Khanna, 2006;Michailova and Stringer, 2018).…”
Section: Lack Of International Business Research On Cross-border Crimementioning
confidence: 99%
“…The circumstances of nonperformance or suboptimal performance of institutions in providing public goods (education, power supplies, local government functions, law and order, communication and transport systems) presents the opportunities for MNEs to substitute for other forms of provision. Such an extension of theory is controversial and drew a critical response (Hillemann and Verbeke 2015) and a response (Buckley and Boddewyn 2016). Internalisation theory remains interesting!…”
Section: The Theory Of International Businessmentioning
confidence: 99%