Endogenous growth theory recently originated in economics. Building on this theory, this chapter conceptualizes the phenomenon of endogenous growth in terms of some new ideas developed in the field of international business (IB). These ideas have so far been not linked to the notion of...

Spanish banks, Group Santander and Banco Bilbao Vizcaya Argentaria (BBVA) are becoming the new Spanish armada. These two banks are transforming themselves into large, efficient, and very profitable financial institutions across the globe. A host of internal factors in the 1980s, as well as...