Publication type: Book part
Type of review: Editorial review
Title: Internationalization school
Authors: Scherer, Andreas Georg
Butz, Andreas
DOI: 10.4135/9781412956246.n244
Published in: International encyclopedia of organization studies
Editors of the parent work: Clegg, Steward R.
Bailey, James R.
Pages: 707
Pages to: 710
Issue Date: 2008
Publisher / Ed. Institution: Sage
Publisher / Ed. Institution: Thousand Oaks
ISBN: 978-1-4129-1515-1
Language: German
Subject (DDC): 658.4: Executive Management
Abstract: Management literature has developed several theories that focus on the activities of business firms in foreign markets. The International School is an important part of this literature. This school of thought tries to explain the phenomenon of internationalization of production and trade (e.g., Hennart, 2001). The most important questions this school asks are: Why are firms leaving their home countries and going into foreign markets? What are the different strategies that firms use to enter a new foreign market? What factors influence the decision of when and where to enter? What parts of the corporate value chain will be outsourced across firm or national boundaries? At this point there is no encompassing theory that integrates all these questions. As a result there are different ways to explain economic activities in foreign markets. The historical point of origin for such explanations is the theory of external trade. This theory enumerates the advantages stemming from exchange of goods across national boundaries under conditions of imperfect mobility of factors of production. By contrast, theories of international production analyze the conditions that encourage the transfer of capital and factors of production into foreign countries. The article presents in the following an overview of this school of thought.
Fulltext version: Published version
License (according to publishing contract): Licence according to publishing contract
Departement: School of Management and Law
Organisational Unit: Center for Innovative Teaching and Learning (ZID)
Appears in collections:Publikationen School of Management and Law

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