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Decision-making in international business

Buckley, P. and Casson, M. (2019) Decision-making in international business. Journal of International Business Studies. ISSN 1478-6990

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To link to this item DOI: 10.1057/s41267-019-00244-6

Abstract/Summary

This paper distinguishes three domains of international business theory: the boundaries of the multinational enterprise, the external environment of the enterprise and its internal structure. The central concern of internalisation theory is the boundaries of the firm. Any general theory of international business must analyse the external environment and internal structure as well. Competition dominates the external environment whilst co-operation dominates internal structure. Different models of decision-making are required for each. Different theories of decision-making must therefore be integrated in order to transform internalisation theory into a general theory of international business. This paper examines how this can be done.

Item Type:Article
Refereed:Yes
Divisions:Faculty of Arts, Humanities and Social Science > School of Politics, Economics and International Relations > Economics
ID Code:83283
Publisher:Palgrave Macmillan

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