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The Covid-19 pandemic has exposed many of the weaknesses in our current systems of government and commerce. In this essay, I provide some historical context to the recent era of "hyper-globalization." I then present multiple factors-economic, social, political, technological, and...
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Under the rubric of internalization theory, transaction cost-based arguments have been dominant in addressing multinational firms' mode of foreign market entry decisions. Another line of argument addresses this decision by focusing more closely on firms' capabilities. This paper presents, and...
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With increasing globalization, the foreign market entry decision has come to acquire increasing strategic significance. This study is based on information drawn directly from managers through in-depth interviews. Drawing from the literature, an investigation was conducted into the manner in...
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This paper discusses two approaches towards managing interorganizational relationships, based on opportunism and trust respectively. Data is presented from interviews conducted with four managers to investigate the relevance of these two approaches in their joint venture relationships. Both the...
Persistent link: https://www.econbiz.de/10009217433
We examine the multinational firm from the lens of coevolutionary theory. Coevolutionary theory encompasses both macrocoevolution with the external (local) environment and microcoevolution within the internal environment, i.e. among the MNC's parts (subsidiaries) and the whole, and the relations...
Persistent link: https://www.econbiz.de/10009192220
Purpose: This paper aims to analyse which firm-level characteristics drive their location decisions when investing in a foreign country. Focusing on origin clusters, the authors will study the potential influence of the home country context and, in particular, the impact of firm-level factors,...
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