Extending internalisation theory: From the multinational enterprise to the knowledge-based empire

Casson, Mark; Dark, Ken; Gulamhussen, Mohamed Azzim

doi:10.1016/j.ibusrev.2008.12.005

Cited by 25 publications

(22 citation statements)

References 10 publications

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“…The search for least cost location triggers internationalization, and the protection of innovation encourages internalization. Innovation is an essential asset in technology industries where firms' competitive advantage is derived mainly from innovation (Casson, Dark, & Gulamhussen, 2009). Because of liabilities of foreignness, it is difficult for firms to have protection across multiple countries for their firm-specific knowledge associated with innovation (Keil, Maula, Schildt, & Zahra, 2008).…”

Section: Internalization and Externalization Theoriesmentioning

confidence: 99%

Should Small, Young Technology-Based Firms Internalize Transactions in Their Internationalization?

Gao

Qian

2013

Entrepreneurship Theory and Practice

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Small, young entrepreneurial firms' governance structure across countries has generated an interesting debate in recent years. That is, should these firms internalize or externalize transactions in their internationalization? Existing studies suggest that there are advantages and disadvantages to both structures, but the findings are mixed. This study explores the factors that determine the governance structure of small, young technology-based entrepreneurial firms (SYTEFs). Evidence collected in this study indicates that choice of governance structure by SYTEFs is determined by a specific set of conditions, specifically, their choice of governance structure depends on their strategic assets, industry dynamism, and business scope.

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Section: Internalization and Externalization Theoriesmentioning

confidence: 99%

Should Small, Young Technology-Based Firms Internalize Transactions in Their Internationalization?

Gao

Qian

2013

Entrepreneurship Theory and Practice

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“…Opportunity has been advocated as the concept best capturing entrepreneurship as a research field (Murphy 2011). Entrepreneurial innovation and opportunity identification have also been depicted as the core of MNEs (Casson and Godley 2007;Casson et al 2009). On this basis, we suggest that the concept of international opportunity holds a particular promise in developing the cross-disciplinary IE field further.…”

Section: Introductionmentioning

confidence: 99%

The Concept of International Opportunity in International Entrepreneurship: A Review and a Research Agenda

Mainela

Puhakka

Servais

2013

Int J Management Reviews

236

202

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Recent research in the field of international entrepreneurship (IE) has emphasized the concept of international opportunity. The entrepreneurial behaviors focused on international opportunities have been found to be critical in IE. International opportunities, however, are often depicted in rather abstract and unspecified ways, and the research suffers from narrow theoretical discussion in relation to the concept of opportunity. To address these issues, the authors draw from entrepreneurship research and present alternative conceptualizations of opportunities as a basis for more in-depth study of international opportunities in IE. To further articulate a future research agenda, the authors review the state of knowledge on opportunities in the IE field by contentanalyzing articles published between 1989 and 2012. All the analyzed articles incorporate the concept of opportunity into their studies. It is found that, although the IE research has investigated many relevant elements, it is rather limited in the articulation of the conceptual features of international opportunities and opportunity-focused behaviors. Building on these observations, the authors propose a definition of international opportunity and research questions and strategies to advance IE research on international opportunities.

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“…The consideration of alternative institutions to the firm as coordinating mechanisms uses the same logic as conventional internalisation theory (Casson et al, 2009). These alternative institutions need the same mechanisms for overcoming external market imperfections (such as buyer uncertainty) to be welfare-enhancing.…”

Section: Expanding the Range Of Transactions: Internalisation Theory mentioning

confidence: 99%

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

Buckley

Boddewyn

2016

MBR

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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 expanding the relevant welfare criteria. Originality/value -Comparative institutional analysis is enhanced by expanding the consideration of the range of intermediate goods that are traded, the potential providers examined and extending the criteria of assessment beyond efficiency to include equity, sustainability and legitimacy. These extensions add value to the internalisation theory.

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Extending internalisation theory: From the multinational enterprise to the knowledge-based empire

Cited by 25 publications

References 10 publications

Should Small, Young Technology-Based Firms Internalize Transactions in Their Internationalization?

Should Small, Young Technology-Based Firms Internalize Transactions in Their Internationalization?

The Concept of International Opportunity in International Entrepreneurship: A Review and a Research Agenda

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

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